Retail for Sale — Lumby Valley, Lumby, BC
$515,000
1975 Vernon Street, Lumby, BC V0E2G0
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $3,139
- Lot dimensions
- 0.08
- Structure type
- Retail
- Parcel ID (PID)
- 004-240-090
- Parking
- 6 spaces
- Utilities
- Water, Sewer, Natural Gas
- Cooling
- Central air conditioning
- Security
- Security system
Listing Information
- MLS®
- 10387074
- Listed
- May 22, 2026
- Time on market
- 115 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Well established free standing commercial building in Lumby. Centrally located on main street with good exposure to the passing public. Solid income generation with 2 long term tenants. C-1 Zoning allowing many commercial enterprises. The building is divided in 2 separate units approximately 574 sq ft each, both with street front exposure and back entrances. Each side has its own 2 piece bathroom. Solid concrete block construction built to add a second floor if desired. New torch-on roof in 2024. Natural gas forced air heating as well as central A/C. Good hydro supply with 200 amp service. Ample customer parking located at the back of the building as well as street parking. Feature point of the community with historical murals painted on 3 sides of the building. Great location in the downtown business core in the vibrant growing community of Lumby. (id:63159)
Financing calculator
Estimate your monthly payment on the $515,000 asking price.
Financing details
- Monthly debt service
- $4,999
- Cash required at close
- $128,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Lumby)
- Population
- 2,063(+12.5% since 2016)
- Population density
- 347.9/km²
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 7.1%
- Postsecondary below bachelor's
- 39.0%
- High school diploma
- 34.0%
- No certificate/diploma
- 19.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 86.7%
- Public transit
- 2.7%
- Walked
- 7.3%
- Bicycle
- 1.3%
- Other
- 2.0%
Commute duration
- Under 15 min
- 30.0%
- 15–29 min
- 34.7%
- 30–44 min
- 16.7%
- 45–59 min
- 6.7%
- 60+ min
- 12.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Avenue Pizza44m
- Sisters Family Restaurant79m
- Yuki Sushi157m
- Millie's Kitchen181m
- Ana's Pizza234m
Cafes (2)
- Jitter Beans Coffee Shop34m
- Tim Hortons245m
Grocery (1)
- Super A Foods154m
Shopping (1)
- Field's Mini Mart47m
Parks (5+)
- Unnamed89m
- Unnamed279m
- Oval Park451m
- Unnamed586m
- Monashee Family Park595m
Banks & ATMs (1)
- Scotiabank21m
Healthcare (1)
- Lumby Health Centre · 2135 Norris Avenue308m
Nearby places data: © OpenStreetMap contributors.
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All in Lumby →Frequently asked questions
What is the asking price for this business?
The asking price is $515,000.
Where is this business located?
This listing is located in Lumby, 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 14, 2026.