Commercial Investment Building/Development
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Listing details
Sold As listed until it sold, kept for reference.
Figures as reported by the seller. What is SDE?
Highlights
- Established in 1962
About this business
As the seller described it while it was for sale.
Prominent location on Ellis Street in Kelowna, BC just off Highway 97 with C4 Urban Centre Commercial Zoning. This fully leased out building is primarily used as an office building and generates nearly $135,000 in annual rent. Current zoning allows for up to 6 storeys.
13,197 square foot building. This solid two storey building has high visibility location highway frontage, easy access and lots of parking. Building is divided into several lease spaces.
Facilities:
This corner lot offers a 0.357 acre lot and a 0.138 acre lot for a total of 0.54 of an acre, with a two storey 10,498 square foot Commercial building.
The owner answers
As the owner answered while it was for sale.
- Why are you selling?
- Retirement.
Business details
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Sole Proprietor |
| Established in | 1962 |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| % of business selling | 100% |
Premises
| Detail | Information |
|---|---|
| Property | Land and building not included in the sale |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
Kelowna, BC, Canada
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