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605 KLO Road Unit# 2, Kelowna, British Columbia, V1Y 8E7

MLS® # 10326452
Commercial For Sale In South Pandosy, Kelowna, British Columbia
$188,000
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
605 Klo Road Unit# 2, Kelowna, BC
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ACTIVE
605 KLO Road Unit# 2, Kelowna, British Columbia, V1Y 8E7
$188,000

Property Information:

An exciting opportunity to own a well-established bubble tea business in a prime downtown Kelowna location! Rich Tea is a popular local bubble tea business with an established customer base and brand recognition. Purchasing an already-established location for a much cheaper price compared to the cost of starting a new franchise($530,000-$689,000). The store has an impressive spacious and functional setup, AND it has been newly renovated with a full commercial kitchen. The business is located near Okanagan college, UBCO Downtown campus and growing cohort of highrise condo & commercial development. The long-term lease and and plenty of parking spaces offer stability and convenience. With roughly 963 square feet, the store seems like a manageable size for day-to-day operations. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail

Property Features:

  • Property Type: Retail
  • Utility Type: Sewer - Available
  • Zoning Type: Commercial
  • Sewer: Municipal sewage system
  • Parking Type: Other

Courtesy of: RE/MAX Crest Realty

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 605 KLO Road Unit# 2, Kelowna, British Columbia, V1Y 8E7

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, 605 KLO Road Unit# 2 , experiences 7 hot days per year at around 32.9 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 36.7 degrees Celsius.

Projected Avg. Temperature

Past
32.9℃
2050
36.7℃

# 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, 605 KLO Road Unit# 2 , experiences 11 significant 2-day storms per year, with about 141.7mm 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 155.3mm of precipitation per year.

Precipitation Per Storm

Past
141.7mm
2050
155.3mm

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.

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Demographic Information of 605 KLO Road Unit# 2, Kelowna, British Columbia, V1Y 8E7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$131,004.63

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.51 %

High school certificate or equivalent

27.37 %

Apprenticeship trade certificate/diploma

11.54 %

College/non-university certificate

20.79 %

University certificate (below bachelor)

1.25 %

University Degree

30.53 %

Commuter

Travel To Work

By Car

68.69 %

By Public Transit

4.09 %

By Walking

18.86 %

By Bicycle

5.59 %

By Other Methods

2.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.5 %

Houses

36.5 %

Own Vs. Rent

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