Commercial Investment Building/Development

Kelowna, BC, CanadaReal EstateBusinessSold

Sold

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Listing details

Sold As listed until it sold, kept for reference.

Revenue (TTM)
Not disclosed
Cash flow (SDE)
Not disclosed

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

DetailInformation
Business modelTraditional
Legal bodySole Proprietor
Established in1962
Financing availableNo
% of business selling100%

Premises

DetailInformation
PropertyLand 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

Listed July 10, 2019 · Last updated August 2, 2019 · Listing ID #1728

Before you go further

Listings are written by the seller or their broker. Verify everything before you sign.

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