Retail for Sale — Kelowna North, Kelowna, BC
$188,800
473 Bernard Avenue Unit# C/O, Kelowna, BC V1Y1E2
Property details
Structured details
- Structure type
- Retail
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10386164
- Listed
- May 5, 2026
- Time on market
- 132 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
An excellent opportunity to acquire the assets of a well-established food and beverage business located in a premier, high-traffic main street setting just steps from the waterfront in Downtown Kelowna. This ground-level location offers outstanding visibility and consistent pedestrian flow, surrounded by a dynamic mix of retail, residential, and tourist activity. The business operates within the growing health-conscious food and beverage sector. The space is efficiently designed and fully equipped, providing a turnkey opportunity for an owner-operator or investor looking to step into a proven concept with immediate operational capability. Offered as an asset sale, this opportunity provides flexibility for buyers to reposition, rebrand, or continue operating within the existing framework. There is meaningful upside potential through expanded hours, increased marketing initiatives, and leveraging delivery and online ordering platforms. The premises are secured with a lease in place until June 2028, along with 2 additional 5-year renewal options, offering long-term stability in one of the city’s most desirable commercial corridors. All information is confidential. Detailed business information will be provided upon execution of a Non-Disclosure Agreement by prospective buyers or their authorized representatives. Images are AI and provided for illustrative purposes only. The address displayed refers to the brokerage office and does not represent the restaurant’s actual location. (id:63159)
Financing calculator
Estimate your monthly payment on the $188,800 asking price.
Financing details
- Monthly debt service
- $1,833
- Cash required at close
- $62,760
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Micro Bar27m
- Memphis Blues · 289 Bernard Avenue33m
- Raudz41m
- Skinny Duke's Glorious Emporium · 1481 Water Street41m
- Korean Restaurant · 280 Bernard Avenue43m
Cafes (5+)
- Blenz Coffee · 297 Bernard Avenue22m
- AMORE MIO Italian artisanal gelato · 270 Bernard Avenue67m
- Tim Hortons · 261 Bernard Avenue96m
- Deville Coffee Bernard103m
- Pulp Fiction Coffee House · 1598 Pandosy Street137m
Grocery (2)
- GetintheLoop Grocery · 1353 Ellis Street481m
- Safeway · 697 Bernard Avenue530m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street495m
Parks (5+)
- Kerry Park153m
- Stuart Park274m
- City Park491m
- Waterfront Park707m
- Rowcliffe Park · 1850 Richter Street713m
Gyms (4)
- BarreRoom · 410 Bernard Avenue141m
- SPIN co · 410 Bernard Avenue143m
- Life Aesthetics Online Coaching · 1435 Water Street206m
- Move & Flow · 589 Lawrence Avenue469m
Pharmacies (3)
- Pharmasave · 505 Doyle Avenue353m
- Pharmasave415m
- Shoppers Drug Mart · 597 Bernard Avenue462m
Banks & ATMs (5+)
- Unnamed25m
- Unnamed26m
- BMO · 327 Bernard Avenue34m
- CIBC · 328 Bernard Avenue36m
- Unnamed103m
Nearby places data: © OpenStreetMap contributors.
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All in Kelowna →Frequently asked questions
What is the asking price for this business?
The asking price is $188,800.
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.