My Listings

104 - 1397 FAIRVIEW ROAD
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. 25 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 ââ¬â 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! 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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Disclaimer: This listing data above is provided under copyright by The Canadian Real Estate Association (CREA). This listing data is deemed reliable but is not guaranteed accurate by myRealPage or The Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
Data was last updated December 6, 2019 at 11:15 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$749,900
Min list price:
$5,500
Max list price:
$10,500,000
Avg days on market:
87
Min days on market:
1
Max days on market:
375
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 MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.