4,700 ft²Retail$32.00/sf/yrLease
4,700 ft²
Retail
$32.00/sf/yr
Lease
Jeff Brown
William Wright Commercial Kelowna
Download Brochures
An unparalleled opportunity awaits in the heart of Downtown Kelowna to acquire a fully equipped, turnkey restaurant space at 242 Lawrence Ave. This offering presents an immediate operational advantage, set within a vibrant and rapidly growing urban center, making it an ideal investment for seasoned restaurateurs or ambitious new ventures looking to capitalize on Kelowna's thriving culinary scene and robust economic indicators. Expansive & Versatile Functional Space: Boasting approximately +/- 4,700 square feet of highly functional space, the interior is designed for flexibility. It can accommodate a variety of operational uses, from large, open layouts ideal for high-volume dining to more intimate settings, including dedicated areas for private dining, catering to diverse guest experiences. Central Bar Area: A prominent central bar area serves as a focal point, perfect for crafting signature beverages and fostering a lively atmosphere, while efficiently serving both diners and walk-in patrons. Coveted Outdoor Patio: Capitalize on Kelowna's beautiful weather with a prime outdoor patio space. This feature is highly sought after by diners and significantly enhances revenue potential, especially during peak seasons. State-of-the-Art Refrigeration: The property includes two dedicated walk-in cooler/freezers, providing extensive capacity to accommodate a wide range of culinary requirements and ensuring fresh ingredient storage for any concept.
The Space
Base Rent$22.00/sf/yr
Additional Rent$10.00/sf/yr
Available Space4,700 ft²
AvailableImmediately
Lease TypeDirect
Service TypeTriple Net
MLS® ID10372289
ZoningUC1
Ceiling Height10'0"
SourceDirect
Bike Friendly
Improved
Kitchen Facilities
Open Plan
Restaurant
Transit Friendly
The Building
Situated on Lawrence Avenue, this property boasts an enviable position in Kelowna's dynamic downtown core, a magnet for both locals and the booming tourism market. The strategic placement ensures maximum visibility and consistent foot traffic, essential for a successful restaurant operation. Exceptional Walkability: With a Walk Score of 94 ('Walker's Paradise'), daily errands and dining experiences do not require a car. This indicates a high volume of pedestrian traffic, directly translating to a broad customer base right at your doorstep. Superior Accessibility: A Bike Score of 98 ('Biker's Paradise') highlights the property's ease of access for the cycling community, further expanding potential clientele. A Transit Score of 59 ('Good Transit') ensures convenient public transportation options for staff and patrons. Vibrant Urban Hub: Zoned UC1 - Downtown Urban, the property is nestled amongst a mix of commercial, residential, and entertainment venues, fostering a lively atmosphere day and night.
Property TypeRetail
Floors1
MLS® ID10372289
ZoningUC1
Ceiling Height10'0"
Bike Friendly
Improved
Kitchen Facilities
Open Plan
Restaurant
Transit Friendly
Similar Listings
Up to $500K for British Columbia businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
