MLS® 10375601

Retail for Sale — Keremeos, BC

$365,000

618 7th Avenue, Keremeos, BC V0X1N0

52
Walk Score
51
Bike
Walk Score® by Redfin
For Sale
2,795 square feet
Floor area
0.08 acres
Lot size
1910
Year built
52
Walk Score
51
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Annual property tax
$3,930.83
Lot dimensions
0.08
Structure type
Retail
Parcel ID (PID)
001-492-209
Parking
3 spaces
Water source
Irrigation District
Sewer
Municipal sewage system
Heating
Baseboard heaters, Electric
Roof
Other, Unknown
Exterior
Stucco
Security
Smoke Detector Only

Listing Information

MLS®
10375601
Listed
February 10, 2026
Time on market
216 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Prime commercial spaces located right in downtown Keremeos, featuring two individual businesses leasing the ground floor. Each business benefits from dedicated parking, as well as one spot allocated for the apartment above and a dedicated lane for loading and unloading. The upstairs apartment boasts 12-foot ceilings, a spacious bathroom with laundry facilities, and an open kitchen and living area. It includes one bedroom and a fantastic covered deck at the back, with convenient access from Main Street via a lovely staircase. The current tenants are eager to stay, each with their own power meter and responsible for their own bills. This property offers three income streams, or you can occupy one of the commercial spaces, or the apartment, while enjoying two mortgage helpers. (id:63159)

Financing calculator

Estimate your monthly payment on the $365,000 asking price.

Financing details
Monthly debt service
$3,543
Cash required at close
$98,000
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 (Keremeos)

Population
1,608(+7.1% since 2016)
Population density
769.4/km²
Median household income
$53,200

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
10.1%
Postsecondary below bachelor's
34.1%
High school diploma
31.1%
No certificate/diploma
24.7%

Population aged 15 and over.

Commute

Car, truck or van
87.2%
Public transit
0.0%
Walked
9.3%
Bicycle
0.0%
Other
2.3%

Commute duration

Under 15 min
51.2%
15–29 min
9.3%
30–44 min
22.1%
45–59 min
12.8%
60+ min
7.0%

Employed labour force with a usual workplace.

Mother Tongue

English88.2%
French2.2%
German1.6%
Punjabi (Panjabi)1.3%
Portuguese0.6%
Spanish0.6%
Thai0.6%
Czech0.3%
Ukrainian0.3%
Dutch0.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (2)

  • Blackbird Tavern · 629 7th Avenue33m
  • Benja Thai · 516 7th Avenue177m

Grocery (1)

  • Buy-Low Foods · 701 7th Street111m

Parks (5+)

  • Village Square Pocket Park30m
  • Memorial Park351m
  • Unnamed494m
  • Pine Park594m
  • Riparian Park601m

Pharmacies (1)

  • Pharmasave · 526 7th Avenue146m

Banks & ATMs (2)

  • Valley First · 704 7th Avenue90m
  • Cascadia Credit Union · 715 7th Street113m

Healthcare (1)

  • South Similkameen Health Centre · 700 3rd Street658m

Nearby places data: © OpenStreetMap contributors.

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Other commercial property types for sale in Keremeos

Frequently asked questions

What is the asking price for this business?

The asking price is $365,000.

Where is this business located?

This listing is located in Keremeos, 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.