MLS® 10390675

Retail for Sale — Kelowna North, Kelowna, BC

$559,000

565 Bernard Avenue 120 Avenue, Kelowna, BC V1Y8R2

98
Walk Score
59
Transit
95
Bike
Walk Score® by Redfin
For SaleTurnkey
1,744 square feet
Floor area
2006
Year built
98
Walk Score
59
Transit
95
Bike
Walk Score® by Redfin

Property details

Structured details

Structure type
Retail
Water source
Municipal water
Sewer
Municipal sewage system
Lot features
Retail, Business

Listing Information

MLS®
10390675
Listed
June 11, 2026
Time on market
95 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Rare opportunity to acquire a well-established specialty retail business with nearly 20 years of successful operations. This destination retailer has built a loyal customer base, strong brand recognition, and a reputation for exceptional customer service, generating approximately 75% repeat business. The business offers a diverse product mix with broad appeal to families, hobbyists, gift shoppers, and enthusiasts alike. Supported by experienced management and trained staff, the operation runs with limited owner involvement and delivers consistent revenues exceeding $1.2 million annually. Significant growth potential exists through e-commerce expansion, enhanced digital marketing, and customer loyalty initiatives. Turnkey operation with inventory available separately. (id:63159)

Financing calculator

Estimate your monthly payment on the $559,000 asking price.

Financing details
Monthly debt service
$5,426
Cash required at close
$136,800
DSCR
Cash-on-cash return (yr 1)

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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+)

  • Naked Cafe · 571 Lawrence Avenue88m
  • Dosa Crepe Café · 523 Bernard Avenue100m
  • Sushi Sai · 1607 Ellis Street106m
  • Dunn Enzies · 1559 Ellis Street106m
  • Kinton Ramen123m

Cafes (5+)

  • Mad Mango Café · 551 Bernard Avenue82m
  • Switch Cafe106m
  • The Nook Cafe + Bar · 567 Bernard Avenue107m
  • Twice The Dice · 575 Bernard Avenue118m
  • Chilango · 520 Bernard Avenue138m

Grocery (2)

  • Safeway · 697 Bernard Avenue185m
  • GetintheLoop Grocery · 1353 Ellis Street518m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street528m

Parks (5+)

  • Rowcliffe Park · 1850 Richter Street448m
  • Kerry Park508m
  • Stuart Park534m
  • Knowles Heritage Park609m
  • City Park760m

Gyms (4)

  • Move & Flow · 589 Lawrence Avenue114m
  • SPIN co · 410 Bernard Avenue231m
  • BarreRoom · 410 Bernard Avenue233m
  • Life Aesthetics Online Coaching · 1435 Water Street405m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue145m
  • Pharmasave255m
  • Pharmasave · 505 Doyle Avenue370m

Banks & ATMs (5+)

  • TD · 1633 Ellis Street114m
  • First West Credit Union · 507 Bernard Avenue128m
  • Beem Credit Union · 598 Bernard Avenue155m
  • RBC Royal Bank159m
  • Canadian Western Bank170m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this business?

The asking price is $559,000.

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 14, 2026.