Hospitality for Sale — City of Vernon, Vernon, BC
$1,000,000
2900 29 Avenue, Vernon, BC V1T1Y7
Property details
Structured details
- Lot dimensions
- 0.17
- Structure type
- Other
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10381962
- Listed
- April 2, 2026
- Time on market
- 165 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Established downtown Vernon nightclub offering a turnkey opportunity in one of the city’s primary entertainment locations. This well-known venue is fully built out and operational, providing an immediate opportunity for a new owner to step in and continue operations. The business benefits from a central location with strong visibility and consistent foot traffic, positioned within Vernon’s core commercial and nightlife district. The space is designed for entertainment use and includes bar service, seating areas, dance floor, and a fully operational stage, creating a complete nightlife experience. Additional features include a valid liquor license, a fully licensed outdoor smoking patio, and approximately 1,000 sq ft of basement storage, supporting efficient operations and event flexibility. With multiple years of operating history and financials available, this business presents a compelling opportunity for an owner-operator or investor seeking a proven concept with growth potential. The current setup allows for a variety of entertainment and hospitality uses, offering flexibility to maintain the existing concept or reposition to suit a new vision. Option to purchase the business together with the underlying real estate is also available. (See separate commercial listing MLS&# 10381922 for details.) (id:63159)
Financing calculator
Estimate your monthly payment on the $1,000,000 asking price.
Financing details
- Monthly debt service
- $9,706
- Cash required at close
- $225,000
- 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 (Vernon)
- Population
- 44,519(+11% since 2016)
- Population density
- 461.7/km²
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 17.4%
- Postsecondary below bachelor's
- 35.5%
- High school diploma
- 31.4%
- No certificate/diploma
- 15.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.7%
- Public transit
- 1.4%
- Walked
- 7.1%
- Bicycle
- 1.4%
- Other
- 2.3%
Commute duration
- Under 15 min
- 51.4%
- 15–29 min
- 29.4%
- 30–44 min
- 10.8%
- 45–59 min
- 4.4%
- 60+ min
- 4.0%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- The Eclectic Med119m
- Maharoba Sushi122m
- Eatology231m
- Nocholad & Marie’s233m
- Station BBQ254m
Cafes (5+)
- The Bean Scene · 2923 30 Avenue129m
- Blenz Coffee150m
- Ratio Coffee and Pastry179m
- Tim Hortons286m
- Starbucks293m
Grocery (3)
- Canadian Wholesale Club473m
- Simply Market702m
- FreshCo710m
Shopping (5+)
- Fruit Union Plaza256m
- Pinnacle General Surgery Clinic599m
- Unnamed624m
- Unnamed665m
- Unnamed704m
Parks (5+)
- Justice Park213m
- Cenotaph Park215m
- Transit Park259m
- Unnamed271m
- Civic Plaza376m
Gyms (3)
- One Yoga122m
- Okanagan Health & Fitness241m
- MCK Athletics Training & Health · 3105 28 Street287m
Pharmacies (2)
- Remedy's Rx477m
- Shoppers Drug Mart660m
Banks & ATMs (5+)
- RBC198m
- BMO361m
- Scotiabank404m
- VantageOne Credit Union · 3108 33 Avenue431m
- TD Canada Trust530m
Healthcare (5+)
- Three Lakes Medical Clinic188m
- Centreville Clinic487m
- Sterling Centre Walk-In Clinic489m
- Vernon Chiropractic and Massage · #105 3301 24 Avenue571m
- Unnamed616m
Nearby places data: © OpenStreetMap contributors.
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All in Vernon →Frequently asked questions
What is the asking price for this business?
The asking price is $1,000,000.
Where is this business located?
This listing is located in Vernon, 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.