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857 Ellis Street,
Kelowna North Kelowna V1Y1Y8

$179,900
Business

Main Photo: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Photo 1: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Photo 2: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Photo 3: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Photo 4: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Photo 5: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Photo 6: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
Status:
Active
Prop. Type:
Business
MLS® Num:
10261812
Bus Major:
Service
Build. Type:
Retail
Knox Mountain Market busy Convenience store business for sale, This is the oldest corner store in Kelowna. Grossing over 1 million dollars in sales. There is no other competition. Kelowna north is one of the fastest growing area , in future there is going to be a huge real estate development in this area. Besides confectionary store is also selling deli , fresh subs and sandwiches. Please do not approach staff direct. There is also a 2 bed room cute little house. Favourable lease terms of the existing property. The seller will install a new roof on the existing buildings. Business includes equipment and good will. Store building and the 2 bed room 1 bathroom house will be leased to the buyer on the following terms. one 5 year term and one five year option to renew . First year at $8000.00 per month and second year at $9000 per month and 3rd 4th and 5th year at $10000.00 per month. This rent amount includes Property taxes and Building Insurance. The seller will install a new roof on the entire building prior to the possession of the business and the house. However the buyer will be responsible for its own utilities and interior or exterior renovations. Yearly gross sales are roughly 1.1 million dollars. (id:2493)
Property Type:
Business
Transaction Type:
For sale
Community:
Kelowna North
Major Business Type:
Service
Building Type:
Retail
Utilities:
Sewer - Available
Fireplace:
No
Heating:
Baseboard heaters
Lot Frontage:
62'
Acreage:
No
Lot Size:
under 1 acre
  • Photo 1: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
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  • Photo 2: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
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  • Photo 3: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
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  • Photo 4: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
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  • Photo 5: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
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  • Photo 6: 857 Ellis Street, in Kelowna: Business for sale : MLS®# 10261812
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Listed by Sage Executive Group Real Estate
Data was last updated October 5, 2022 at 03:45 AM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$440,000
Min list price:
$75,000
Max list price:
$5,581,552
Avg days on market:
57
Min days on market:
1
Max days on market:
300
Avg price per sq.ft.:
$453.73
These statistics are generated based on the current listing's property type and located in Kelowna. Average values are derived using median calculations.
Ash Mohan*PREC
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