Retail for Sale — Kelowna North, Kelowna, BC
$138,000
473 Bernard Avenue Unit# C/O, Kelowna, BC V1Y6N2
Property details
Structured details
- Structure type
- Retail
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10390792
- Listed
- June 10, 2026
- Time on market
- 96 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Exceptional opportunity to acquire an established food and beverage business in the heart of Downtown Kelowna. Situated in one of the city's most vibrant and walkable commercial districts, this turnkey cafe; offers excellent visibility and benefits from consistent year-round traffic generated by local residents, office workers, students, and visitors. The surrounding area features numerous hotels, professional offices, waterfront attractions, parks, cultural venues, and a growing residential population, creating strong demand throughout the day. Kelowna welcomes more than two million visitors annually and boasts a thriving tourism economy, making the downtown core a desirable location for hospitality businesses. The city continues to attract new residents and tourists alike, supported by major events, expanding air service, and its reputation as one of Canada's premier four-season destinations. This well-positioned business offers an inviting atmosphere and the flexibility for an owner-operator or investor to continue the current concept. Located within close proximity to beaches, the waterfront promenade, Prospera Place, boutique shopping, and numerous residential developments, the business enjoys exposure to a diverse customer base throughout the year. A rare opportunity to acquire a centrally located business in one of British Columbia's fastest-growing and most sought-after communities. Information package available upon execution of NDA. (id:63159)
Financing calculator
Estimate your monthly payment on the $138,000 asking price.
Financing details
- Monthly debt service
- $1,339
- Cash required at close
- $52,600
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Pick Thai Restaurant · 467 Bernard Avenue3m
- Boathouse on Bernard · 426 Bernard Avenue56m
- Dunn Enzies · 1559 Ellis Street70m
- OEB72m
- Momo Sushi Downtown · 377 Bernard Avenue95m
Cafes (5+)
- Switch Cafe71m
- Deville Coffee Bernard85m
- Chilango · 520 Bernard Avenue87m
- Pulp Fiction Coffee House · 1598 Pandosy Street109m
- O-Lake Cafe & Bistro135m
Grocery (2)
- Safeway · 697 Bernard Avenue343m
- GetintheLoop Grocery · 1353 Ellis Street438m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street450m
Parks (5+)
- Kerry Park339m
- Stuart Park372m
- Rowcliffe Park · 1850 Richter Street584m
- City Park640m
- Knowles Heritage Park764m
Gyms (4)
- SPIN co · 410 Bernard Avenue59m
- BarreRoom · 410 Bernard Avenue61m
- Life Aesthetics Online Coaching · 1435 Water Street250m
- Move & Flow · 589 Lawrence Avenue285m
Pharmacies (3)
- Shoppers Drug Mart · 597 Bernard Avenue276m
- Pharmasave · 505 Doyle Avenue285m
- Pharmasave318m
Banks & ATMs (5+)
- Scotiabank · 488 Bernard Avenue46m
- First West Credit Union · 507 Bernard Avenue58m
- Unnamed96m
- TD · 1633 Ellis Street162m
- CIBC · 328 Bernard Avenue166m
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 $138,000.
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.