Property 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:6770)
Overview
Price
$
575,000
MLS #
10375941
Age
1945
Size
882 sqft
Lot Size
0.1
acres
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Business
Listing Office
Royal LePage Downtown Realty
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