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1-1890 Cooper Road, Kelowna, BC, V1Y 8B7

MLS® # 10335001
Commercial For Sale In Midtown, Kelowna, British Columbia
$399,000
1-1890 Cooper Road, Kelowna, BC
1-1890 Cooper Road, Kelowna, BC, V1Y 8B7
$399,000

Property Information:

This well established Exotic restaurant is an exceptional value. Currently, the business enjoys a strong clientele, with a reputation for high-quality fresh dining. Originally a 24-seat restaurant, the venue has expanded by adding an additional 30 outdoor seats with a covered and heated space, for use all year round. Owner further wants to add another 25 seats by building a mezzanine floor. The restaurant is equipped with modern, state-of-the-art kitchen equipment (established 2022), and offers the potential to provide catering services, delivery systems and other growth opportunities. Located in a high-traffic area surrounded by offices, the restaurant sees a busy lunchtime trade, catering to both dine-in patrons and takeaway orders. With only five days of operation per week, the opportunity to expand to seven days can increase revenue. Priced at only $399,000, this is an opportunity that offers incredible value. It will cost more than asking price to establish such a restaurant in 2025. With rent at just $3,570 per month, all-inclusive, the location provides a cost-effective advantage that is difficult to match. Please note the sale only includes asset, and not the brand and trademark. Brand and Inventory would be additional. Full financials, a list of equipment, and further details will be provided upon signing of a non-disclosure agreement and after touring the restaurant. This is truly a once-in-a-lifetime opportunity for the right buyer.

Property Features:

  • Water Source: Public
  • Sewer: Public Sewer
  • No. of Parking Spaces: 3

This listing content provided by Association of Interior REALTORS.

Location of 1-1890 Cooper Road, Kelowna, BC, V1Y 8B7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 1-1890 Cooper Road , experiences 7 hot days per year at around 33.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 37 degrees Celsius.

Projected Avg. Temperature

Past
33.2℃
2050
37℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 1-1890 Cooper Road , experiences 11 significant 2-day storms per year, with about 140.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 154.4mm of precipitation per year.

Precipitation Per Storm

Past
140.9mm
2050
154.4mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1-1890 Cooper Road, Kelowna, BC, V1Y 8B7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$103,909.65

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.77 %

High school certificate or equivalent

32.26 %

Apprenticeship trade certificate/diploma

10.71 %

College/non-university certificate

16.31 %

University certificate (below bachelor)

3.38 %

University Degree

26.57 %

Commuter

Travel To Work

By Car

75.14 %

By Public Transit

3.19 %

By Walking

15.85 %

By Bicycle

3.64 %

By Other Methods

2.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

83.35 %

Houses

16.65 %

Own Vs. Rent