Evan Cormier
Referral Partner
Questions? Call: (778) 721-0545
Well-established and highly successful pizza business offered for sale together with the building. Located in a prime, high-traffic area of Lumby, this long-standing local favourite benefits from strong community support, steady foot traffic, and consistent school lunch demand. Impressive 3-year normalized cap rate of 6.24%, providing reliable and proven returns. Sale includes the operating business, equipment, fixtures, and the commercial building — offering long-term security and control of the asset. The property also features a spacious 2-bedroom residential suite above the restaurant, ideal for an owner-operator or staff accommodation. A rare opportunity to acquire both a profitable business and the real estate in a growing North Okanagan community. (id:6289)
| Avg. asking price | $970,952 |
| Price per sq. ft. | $396 |
| Median price | $749,250 |
| Number of homes for sale in Lumby Valley | 88 |
| Number of homes for sale in Lumby | 97 |
| Avg. Days on Market | N/A |
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