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Home BC Lumby
2037 Shuswap Avenue
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2037 Shuswap Avenue $629,000
$629,000
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2037 Shuswap Avenue
Lumby, British Columbia V0E2G0

MLS® Number: 10335273

Listing Description

Opportunity Knocks! This is your chance to own a well-established and highly successful pizza business in the vibrant heart of Lumby, BC. Known for its delicious pizza and as a beloved local favourite, especially for school-time lunches, this business enjoys a steady stream of loyal customers and significant foot traffic. Boasting an impressive 3-year normalized cap rate of 6.24%, this business offers consistent and reliable returns, making it a smart investment in any market. The turnkey opportunity includes not just the business and all necessary equipment but also the building itself, giving you full control of the property. Additionally, a spacious 2-bedroom suite above the business provides the perfect setup for an owner-operator or could be used to house an employee, adding even more convenience and value to this already lucrative investment. Situated in a prime, high-traffic location in Lumby, this business benefits from both its central position in a growing community and a solid, established customer base. With a proven track record of success, this opportunity is ideal for those looking to step into a profitable, low-risk venture in a thriving market. Whether you are an experienced restaurateur or a first-time business owner, this is your chance to make a stable, profitable investment with long-term potential. (38265508)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Lumby Valley
Title
Freehold
Land Size
0.1 ac|under 1 acre
Built in
1945
Parking Type
Street
Time on REALTOR.ca
43 days

Price and Sale History

Date Status Price
Mar 20, 2019 Sale Closed $485,000
Jun 20, 1997 Sale Closed $157,000

Building

Bathrooms
Partial
0
Heating & Cooling
Heating Type
Forced air, See remarks
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Metal)
Exterior Finish
Stucco
Parking
Parking Type
Street
Total Parking Spaces
6

Measurements

Square Footage
882 sqft

Land

Lot Features
Present Use
Mixed use
Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Heidi McAllister