My Listings

104 - 1397 FAIRVIEW ROAD
Penticton Penticton V2A6A1

$299,000
Business

Main Photo: 104 - 1397 FAIRVIEW ROAD in Penticton: Business for sale : MLS®# 181267
Photo 1: 104 - 1397 FAIRVIEW ROAD in Penticton: Business for sale : MLS®# 181267
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Status:
Active
Prop. Type:
Business
MLS® Num:
181267
Bus Major:
Industrial
Bus Minor:
Warehouse
The Light Choice. Well established, successful turn key lighting store. 26 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, Kamloops & the Island. 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 with high ceilings + extra storage area & office space. Grosses in the $800,000 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 AM to 4 PM 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! Please contact Geoff@GeoffCowling.com (id:2493)
Property Type:
Business
Transaction Type:
For sale
Amenities:
Public Transit, Shopping, Airport
Features:
Central location, Corner Site, See remarks, Visual exposure, Handicapped adaptable, Flat site
Community Features:
High Traffic Area
Major Business Type:
Industrial, Retail and Wholesale
Minor Business Type:
Warehouse, General retail, Retail & offices, Sales/service
Power Type:
Single Phase
Construction Material:
Concrete block
Fireplace:
No
Heating:
Heat Pump
Heating Fuel:
Natural gas
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Public Transit, Shopping, Airport
Road Access:
Highway access, Easy access
Acreage:
No
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Listed by ROYAL LEPAGE LOCATIONS WEST
Data was last updated March 3, 2021 at 02:15 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$675,000
Min list price:
$3,500
Max list price:
$6,500,000
Avg days on market:
120
Min days on market:
3
Max days on market:
837
These statistics are generated based on the current listing's property type and located in PENTICTON. Average values are derived using median calculations.
Geoff Cowling
Cell: 250-490-7272
Office: 250-493-2244
Toll Free: 800-734-0457
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.