559 Lawrence Avenue, Kelowna

2026-03-09
 

Quick Summary

Location
559 Lawrence Avenue, Kelowna, British Columbia V1Y6L8
Price
$134,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
1869 sqft

MLS®#10378577

Property Description

GROCERY STORE/ DELI/ COFFEE SHOP – Downtown Kelowna Excellent opportunity to own a MIDDLE EASTERN specialty retail business in the heart of Downtown Kelowna. This 1,800 sq. ft. space offers favorable lease terms secured until 2030 with fixed rent of only $3,975 per month + GST. Located on a busy street with strong visibility and ample parking, the store benefits from steady foot traffic and excellent exposure. Currently only half of the space is utilized, leaving ample room for expansion. The current owner planned to develop a coffee shop in the rear portion of the store. This area is ready for a new owner to complete and operate, creating an additional revenue stream. This new business generated $135,000 in sales in its first 10 months, showing solid performance and huge growth potential. This specialty grocery and convenience store is already building a loyal clientele. With the repurposing of a similar nearby business that sold recently, many former customers are expected to transition to this location, offering further opportunity to grow sales. The coffee shop component has not yet been established, allowing the purchaser to finish and customize the café concept according to their vision. Trademark and logo can be transferred to the new owner at no additional cost. A great opportunity for an owner-operator or entrepreneur seeking a unique retail concept in a prime downtown location. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 1869 sqft
  • Building Type: Retail
  • Utility Water: Municipal water

Features

  • Feature: Retail, Business

Land

  • Land Size: under 1 acre
  • Sewer: Municipal sewage system

Information entered by Royal LePage Kelowna
Listing information last updated on: 2026-03-09 18:03:48


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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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