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$ 629,000
Est. payment | /mo
882 SqFt
$ 629,000
Est. payment | /mo
882 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 882 sqft
Price per Sqft $713
Subdivision Lumby Valley
MLS® Listing ID 10335273
Originating Board Association of Interior REALTORS®
Year Built 1945
Lot Size 4,356 Sqft
Acres 4356.0
Property Sub-Type Freehold
Property Description
Opportunity Knocks! This is your chance to own a well-established and highly successful pizza business in the vibrant heart of Lumby, BC. Known for its delicious pizza and as a beloved local favourite, especially for school-time lunches, this business enjoys a steady stream of loyal customers and significant foot traffic. Boasting an impressive 3-year normalized cap rate of 6.24%, this business offers consistent and reliable returns, making it a smart investment in any market. The turnkey opportunity includes not just the business and all necessary equipment but also the building itself, giving you full control of the property. Additionally, a spacious 2-bedroom suite above the business provides the perfect setup for an owner-operator or could be used to house an employee, adding even more convenience and value to this already lucrative investment. Situated in a prime, high-traffic location in Lumby, this business benefits from both its central position in a growing community and a solid, established customer base. With a proven track record of success, this opportunity is ideal for those looking to step into a profitable, low-risk venture in a thriving market. Whether you are an experienced restaurateur or a first-time business owner, this is your chance to make a stable, profitable investment with long-term potential. (id:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Forced air, See remarks
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Total Parking Spaces 6
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Real Broker B.C. Ltd
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "