Retail for Sale — Lake Country South West, Lake Country, BC
$1,950,000
9918 97 Highway, Lake Country, BC V4V1V7
Property details
Structured details
- Lot dimensions
- 0.41
- Structure type
- Retail
- Parcel ID (PID)
- 002-925-583
- Parking
- 12 spaces
- Sewer
- Septic tank
- Heating
- Radiant heat
- Roof
- Asphalt shingle, Unknown
Listing Information
- MLS®
- 10396805
- Listed
- August 7, 2026
- Time on market
- 38 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
This is an opportunity to acquire a commercial property at one of Lake Country’s busiest and most prominent intersections. The 0.41-acre site offers exceptional exposure with approximately 240 feet of frontage along Highway 97, complemented by a dedicated on-site parking lot. The 3,299 sq. ft. building has benefited from recent base-building upgrades, including a new 200-amp electrical panel, insulated garage doors, enhanced insulation, and new drywall to shell—creating a flexible, move-in-ready canvas for tenant improvements or value-add repositioning. Strategically located directly across from Shoppers Drug Mart, RBC, and Tim Hortons, the property is anchored by strong daily traffic counts and sits just minutes from Kelowna International Airport. Zoned C1 (Town Centre Commercial) with a Mixed Use Commercial OCP designation, the site supports a broad range of commercial uses and offers meaningful long-term redevelopment potential. Well suited for an owner-occupier, investor, or developer seeking a high-exposure, service-commercial asset in one of the Okanagan’s fastest-growing communities. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,950,000 asking price.
Financing details
- Monthly debt service
- $18,927
- Cash required at close
- $415,000
- 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 (Lake Country)
- Population
- 15,817(+22.4% since 2016)
- Population density
- 129.5/km²
- Median household income
- $98,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 21.2%
- Postsecondary below bachelor's
- 36.4%
- High school diploma
- 30.6%
- No certificate/diploma
- 11.8%
Population aged 15 and over.
Commute
- Car, truck or van
- 91.7%
- Public transit
- 1.0%
- Walked
- 3.8%
- Bicycle
- 0.5%
- Other
- 2.9%
Commute duration
- Under 15 min
- 29.5%
- 15–29 min
- 37.5%
- 30–44 min
- 25.3%
- 45–59 min
- 4.1%
- 60+ min
- 3.6%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Bun Tan Pho & Sushi181m
- Chopsticks · 10071 Main Street260m
- L'Isola Bella Bistro390m
- Viva Mexicana · 9685 Highway 97409m
- Taste of India · 9685 Highway 97434m
Cafes (2)
- Tim Hortons58m
- Cream N Bean Coffeehouse · 9685 Highway 97428m
Grocery (2)
- IGA Marketplace243m
- Coopers Foods · 9522 Main Street565m
Shopping (1)
- Okanagan Sundeck Centre · 9570 Bottom Wood Lake Road714m
Parks (3)
- War Monument Park378m
- Regional Park380m
- Swalwell Park389m
Pharmacies (2)
- Shoppers Drug Mart · 9970 Main Street146m
- IDA Pharmacy646m
Banks & ATMs (5+)
- RBC · 9950 Main Street109m
- TD Bank114m
- Buster's Pizza & Donair - Lake Country - Bitcoin Well ATM · 10058 BC-97209m
- CIBC277m
- Interior Savings618m
Healthcare (1)
- Valley Medical Laboratories · 9966 Pollard Road38m
Nearby places data: © OpenStreetMap contributors.
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All in Lake Country →Frequently asked questions
What is the asking price for this business?
The asking price is $1,950,000.
Where is this business located?
This listing is located in Lake Country, 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.