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1630 Pandosy Street Unit# 101, Kelowna, British Columbia, V1Y 1P7

MLS® # 10326941
Commercial For Sale In City Centre, Kelowna, British Columbia
$299,000
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
1630 Pandosy Street Unit# 101, Kelowna, BC
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ACTIVE
1630 Pandosy Street Unit# 101, Kelowna, British Columbia, V1Y 1P7
$299,000

Property Information:

Business Asset Sale Including the 2AM LIQUOR PRIMARY LICENSE: The Ricco Room—a meticulously designed, turn-key dining and cocktail lounge in the heart of downtown Kelowna. The stylish and sophisticated interior, inspired by lush tropical themes, combines with a high-end food and beverage program to create a truly unique dining destination. Ricco Room’s impressive cocktail menu features high-quality spirits, fresh garnishes, and complex, layered flavours crafted to delight discerning patrons. The concise food menu is designed to complement the beverage offerings, each dish carefully plated and presented to provide a memorable dining experience. With every element carefully selected to create an unforgettable experience, Ricco Room sets itself apart as a remarkable establishment. Located in a classic Worman building in a booming pocket of downtown. The surrounding area is experiencing considerable investment, most notably with the Water St by the Park development slated to bring over 800 new units just steps away by early 2025. With its prime location, captivating ambiance, and strong reputation, Ricco Room offers an incredible opportunity for an operator to step into a fully realized business concept in a high-growth area. Don’t miss this chance to acquire a ready-to-operate dining and cocktail lounge poised for continued success in Kelowna’s thriving market. Business can be purchased together with the strata unit (MLS 10326934) (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail

Property Features:

  • Property Type: Retail
  • Built in: 2007
  • Zoning Type: Commercial
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX Kelowna

REALTOR.ca  

Location of 1630 Pandosy Street Unit# 101, Kelowna, British Columbia, V1Y 1P7

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, 1630 Pandosy Street Unit# 101 , experiences 7 hot days per year at around 33.1 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 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# 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, 1630 Pandosy Street Unit# 101 , experiences 11 significant 2-day storms per year, with about 140.1mm 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 153.7mm of precipitation per year.

Precipitation Per Storm

Past
140.1mm
2050
153.7mm

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 1630 Pandosy Street Unit# 101, Kelowna, British Columbia, V1Y 1P7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$119,414.24

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.39 %

High school certificate or equivalent

30.71 %

Apprenticeship trade certificate/diploma

10.53 %

College/non-university certificate

22.02 %

University certificate (below bachelor)

1.17 %

University Degree

28.18 %

Commuter

Travel To Work

By Car

62.3 %

By Public Transit

4.26 %

By Walking

26.46 %

By Bicycle

3.11 %

By Other Methods

3.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.17 %

Houses

11.83 %

Own Vs. Rent