2037 Shuswap Avenue, Lumby - Business for Sale
2037 Shuswap Avenue, Lumby, British Columbia, V0E2G0
This business in Lumby is for sale offering roughly 882 sq ft of space.
Description
Well-established and highly successful pizza business offered for sale together with the building. Located in a prime, high-traffic area of Lumby, this long-standing local favourite benefits from strong community support, steady foot traffic, and consistent school lunch demand. Impressive 3-year normalized cap rate of 6.24%, providing reliable and proven returns. Sale includes the operating business, equipment, fixtures, and the commercial building — offering long-term security and control of the asset. The property also features a spacious 2-bedroom residential suite above the restaurant, ideal for an owner-operator or staff accommodation. A rare opportunity to acquire both a profitable business and the real estate in a growing North Okanagan community. (id:66096)
Property Details
- MLS®
- 10375941
- Property Type
- Business
- Half Baths
- 0
- Parking
- 6
- Interior Size
- 882 ft²
- Lot Size
- 4,356 sq ft (0.10 ac)
- Year Built
- 1945
- Garage
- Street
- Ownership
- Freehold
- Property Tax
- $3,140.2/yr
- Listed
- 261 days ago
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 261 days on market, against an average age of 176 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$560,000
Lumby