Restaurants for Sale — Kelowna North, Kelowna, BC
$248,000
1664 Richter Street, Kelowna, BC V1Y8N3
Property details
Structured details
- Structure type
- Other
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10391694
- Listed
- June 18, 2026
- Time on market
- 88 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Located Bernard Ave in Kelowna, this exceptional opportunity to acquire an established quick-service franchise restaurant with liquor license in one of Kelowna’s most vibrant and high-traffic corridors. Quick bites from Hotdogs, burgers, poutines and more delicious items. Strategically located in the heart of downtown — this 1449 sqft unit with kitchen, large seating area and kegs on tap benefits from year-round foot traffic, major city events, tourism flow, and consistent late-night clientele driven by Kelowna’s nightlife scene. This is an ideal opportunity for an owner-operator or investor seeking a high-exposure location. Positioned in one of the most desirable commercial locations in the city, this operation enjoys unmatched visibility, steady pedestrian activity, for a fast-casual dining space. NDA required for info package, message listing agent. The address shown is the listing brokerage office for confidentiality. (id:63159)
Financing calculator
Estimate your monthly payment on the $248,000 asking price.
Financing details
- Monthly debt service
- $2,407
- Cash required at close
- $74,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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Location
Local market size (Kelowna)
- Population
- 144,576(+13.5% since 2016)
- Population density
- 682.4/km²
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 25.3%
- Postsecondary below bachelor's
- 32.7%
- High school diploma
- 30.3%
- No certificate/diploma
- 11.7%
Population aged 15 and over.
Commute
- Car, truck or van
- 84.3%
- Public transit
- 4.0%
- Walked
- 6.4%
- Bicycle
- 2.7%
- Other
- 2.6%
Commute duration
- Under 15 min
- 41.2%
- 15–29 min
- 43.5%
- 30–44 min
- 9.8%
- 45–59 min
- 2.4%
- 60+ min
- 3.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Naked Cafe · 571 Lawrence Avenue97m
- Boston Pizza · 545 Harvey Avenue113m
- Sushi Sai · 1607 Ellis Street216m
- Yamas Greek Taverna · 1630 Ellis Street217m
- Dunn Enzies · 1559 Ellis Street243m
Cafes (5+)
- Starbucks36m
- Twice The Dice · 575 Bernard Avenue212m
- The Nook Cafe + Bar · 567 Bernard Avenue212m
- Mad Mango Café · 551 Bernard Avenue222m
- Switch Cafe243m
Grocery (2)
- Safeway · 697 Bernard Avenue186m
- GetintheLoop Grocery · 1353 Ellis Street662m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street672m
Parks (4)
- Rowcliffe Park · 1850 Richter Street301m
- Knowles Heritage Park557m
- Kerry Park629m
- Stuart Park683m
Gyms (4)
- Move & Flow · 589 Lawrence Avenue114m
- SPIN co · 410 Bernard Avenue372m
- BarreRoom · 410 Bernard Avenue374m
- Life Aesthetics Online Coaching · 1435 Water Street555m
Pharmacies (3)
- Pharmasave205m
- Shoppers Drug Mart · 597 Bernard Avenue216m
- Pharmasave · 505 Doyle Avenue518m
Banks & ATMs (5+)
- Canadian Western Bank29m
- RBC Royal Bank174m
- TD · 1633 Ellis Street179m
- Beem Credit Union · 598 Bernard Avenue248m
- First West Credit Union · 507 Bernard Avenue276m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $248,000.
Where is this business located?
This listing is located in Kelowna, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.