$ 249,000 #104 1397 FAIRVIEW ROAD

This listing presented by Nicholas T. Parker *PREC. Contact Nicholas by phone: (250) 462-5464 or email direct here.

Listing Info

Area: Penticton
Property Type: Business
Ownership: Strata, Leasehold
MLS® Number: 190383
Listing Status: Active
List Price: $ 249,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Business – Penticton

The Light Choice. Well established, successful turn key lighting store. 27 year track record. High exposure site, in a strip mall with other complementary home improvement shops in the heart of Penticton. Retail storefront sales & a wholesale supplier to numerous projects locally, and throughout the entire Okanagan/Similkameen. The business only is for sale. Inventory amount negotiable. Attractive lease in place til July, 2023 with provision for a 5 + year extension beyond then. Bright, modern 2000 sq ft showroom was purpose-built, and boasts high ceilings, storage & office space. Grosses in the $850,000 range per year, with tidy retained earnings. Package available with a signed NDA. Opportunities to increase sales with a bigger online presence, and/or extending store hours. Current hours 9 – 4:30 weekdays, NO WEEKENDS, with a staff of four. Current owner nearing retirement & will sign a non-compete agreement, and assist in transition for the new owner. Opportunity knocking!

Construction Info

Taxes: 0
Tax Year: 2019
Sewer: Connected

Rooms Dimension

Site Influences

Central Location, Easy Access, Highway Access, Airport Nearby, Corner Site, High Traffic Area, Public Tran. Nearby, Flat Site, Shopping Centre, Visual Exposure, Handicapped Adap., See Remarks

Listing Agent:

GEOFF COWLING

Brokerage:

ROYAL LEPAGE-LOCATIONS WEST

Disclaimer:

Display of MLS data is deemed reliable but is not guaranteed accurate by the SOREB.

The trademarks REALTOR®, REALTORS and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Listing data last updated date: 2021-10-26 05:17:25
Copyright 2010 by the South Okanagan Real Estate Board Ltd. and the REALTORS Association of South Okanagan. All Rights Reserved.