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Home BC Greater Kelowna Kelowna South Pandosy - KLO South Pandosy
605 KLO Road Unit# 2
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605 KLO Road Unit# 2 $188,000
$188,000
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605 KLO Road Unit# 2
Kelowna, British Columbia V1Y8E7

MLS® Number: 10326452

Listing Description

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. (37884495)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
Lower Mission
Land Size
under 1 acre
Annual Property Taxes
$0
Parking Type
Other
Time on REALTOR.ca
27 days

Price and Sale History

Date Status Price
Oct 9, 1997 Sale Closed $320,000

Building

Bathrooms
Partial
0
Utilities
Utility Type
Sewer (Available)
Utility Sewer
Municipal sewage system
Water
Co-operative Well
Parking
Parking Type
Other

Measurements

Square Footage
963 sqft

Land

Other Property Information
Zoning Type
Commercial
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Charles Chen