MLS® 10397647

Business for Sale — Springfield/Spall, Kelowna, BC

$98,000

251 Harvey Avenue Unit# B, Kelowna, BC V1Y6C2

For SaleTurnkey

Property details

Structured details

Structure type
Other
Water source
Municipal water
Sewer
Municipal sewage system

Listing Information

MLS®
10397647
Listed
August 14, 2026
Time on market
31 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Excellent opportunity to acquire a fully equipped, turnkey commercial space in a prime Kelowna location. Situated in a busy strip mall along one of the city’s main transportation corridors, this high-visibility location benefits from strong vehicle traffic, excellent accessibility and ample free customer parking. The offering includes the existing equipment, fixtures and leasehold improvements, along with an assignment of the lease. This provides an excellent opportunity for a new operator to establish their own concept without the significant cost and time associated with building out a new location. This is strictly an asset sale and assignment of lease. The existing business name, branding, website, recipes and other proprietary intellectual property are not included in the sale. The business identity, exact location, equipment list, lease details and additional information will only be provided to qualified prospective purchasers upon execution of a Confidentiality Agreement (NDA). (id:63159)

Financing calculator

Estimate your monthly payment on the $98,000 asking price.

Financing details
Monthly debt service
$951
Cash required at close
$44,600
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 (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

English82.6%
Punjabi (Panjabi)2.1%
German1.9%
French1.5%
Spanish0.9%
Tagalog (Pilipino, Filipino)0.9%
Mandarin0.7%
Russian0.5%
Italian0.4%
Korean0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • West Coast Grill & Oyster Bar154m
  • Pilgrim & Pearl155m
  • Tamm Mexican Restaurant · 430 Harvey Avenue189m
  • Social 242 Lounge & Grill259m
  • Thai Terrace Restaurant · 210 Lawrence Avenue289m

Cafes (5+)

  • O-Lake Cafe & Bistro257m
  • Pulp Fiction Coffee House · 1598 Pandosy Street285m
  • Tim Hortons · 261 Bernard Avenue320m
  • Blenz Coffee · 297 Bernard Avenue321m
  • Deville Coffee Bernard346m

Grocery (1)

  • Safeway · 697 Bernard Avenue623m

Parks (5+)

  • City Park356m
  • Kerry Park394m
  • Lake Avenue Beach Access481m
  • McTavish Avenue Beach Access497m
  • Vimy Avenue Beach Access518m

Gyms (4)

  • BarreRoom · 410 Bernard Avenue400m
  • SPIN co · 410 Bernard Avenue401m
  • Move & Flow · 589 Lawrence Avenue540m
  • Life Aesthetics Online Coaching · 1435 Water Street545m

Pharmacies (3)

  • Pharmasave285m
  • Shoppers Drug Mart · 597 Bernard Avenue596m
  • Pharmasave · 505 Doyle Avenue659m

Banks & ATMs (5+)

  • RBC Royal Bank308m
  • TD · 1633 Ellis Street337m
  • Unnamed363m
  • BMO · 327 Bernard Avenue364m
  • Unnamed365m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this business?

The asking price is $98,000.

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.