882 sqft
Forced Air, See Remarks
$609,900
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:52386)
Property Details
MLS® Number
|
10335273 |
Property Type
|
Other |
Neigbourhood
|
Lumby Valley |
ParkingSpaceTotal
|
6 |
Building
ConstructedDate
|
1945 |
ExteriorFinish
|
Stucco |
HeatingType
|
Forced Air, See Remarks |
RoofMaterial
|
Metal |
RoofStyle
|
Unknown |
SizeInterior
|
882 Sqft |
Type
|
Residential Commercial Mix |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
CurrentUse
|
Mixed Use |
Sewer
|
Municipal Sewage System |
SizeIrregular
|
0.1 |
SizeTotal
|
0.1 Ac|under 1 Acre |
SizeTotalText
|
0.1 Ac|under 1 Acre |
ZoningType
|
Unknown |
https://www.realtor.ca/real-estate/27930235/2037-shuswap-avenue-lumby-lumby-valley