MLS® 10366049

Restaurants for Sale — Kelowna North, Kelowna, BC

$280,000

473 Benard Avenue Unit# Unit #C/O, Kelowna, BC V1Y6N8

RestaurantsFor SaleTurnkey

Property details

Structured details

Structure type
Other
Water source
Municipal water
Sewer
Municipal sewage system

Listing Information

MLS®
10366049
Listed
October 22, 2025
Time on market
327 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

A rare opportunity to acquire a well-established restaurant business in one of the most bustling areas of downtown Kelowna. This thriving operation comes with a competitive lease agreement and has recently undergone a full kitchen renovation, including installation of a commercial hood fan and a brand-new make-up air unit, ensuring a turnkey setup for new ownership. The restaurant has been thoughtfully updated and is ready for a smooth transition — ideal for operators looking for a fully equipped, move-in-ready commercial kitchen in a high-traffic, high-visibility area.To protect the ongoing business and staff, the exact location and business name will only be disclosed upon signing a Non-Disclosure Agreement (NDA) and screening of qualified buyers. (id:63159)

Financing calculator

Estimate your monthly payment on the $280,000 asking price.

Financing details
Monthly debt service
$2,718
Cash required at close
$81,000
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 (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+)

  • Pick Thai Restaurant · 467 Bernard Avenue18m
  • Dunn Enzies · 1559 Ellis Street52m
  • OEB64m
  • Boathouse on Bernard · 426 Bernard Avenue73m
  • Dosa Crepe Café · 523 Bernard Avenue84m

Cafes (5+)

  • Switch Cafe53m
  • Chilango · 520 Bernard Avenue79m
  • Deville Coffee Bernard101m
  • Pulp Fiction Coffee House · 1598 Pandosy Street116m
  • O-Lake Cafe & Bistro141m

Grocery (2)

  • Safeway · 697 Bernard Avenue326m
  • GetintheLoop Grocery · 1353 Ellis Street445m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street458m

Parks (5+)

  • Kerry Park356m
  • Stuart Park389m
  • Rowcliffe Park · 1850 Richter Street568m
  • City Park650m
  • Knowles Heritage Park748m

Gyms (4)

  • SPIN co · 410 Bernard Avenue77m
  • BarreRoom · 410 Bernard Avenue79m
  • Life Aesthetics Online Coaching · 1435 Water Street266m
  • Move & Flow · 589 Lawrence Avenue267m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue260m
  • Pharmasave · 505 Doyle Avenue292m
  • Pharmasave306m

Banks & ATMs (5+)

  • First West Credit Union · 507 Bernard Avenue44m
  • Scotiabank · 488 Bernard Avenue51m
  • Unnamed115m
  • TD · 1633 Ellis Street147m
  • CIBC · 328 Bernard Avenue184m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this restaurant?

The asking price is $280,000.

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.