Newly Renovated Downtown Restaurant Space for Sublease
272 Bernard Avenue, Kelowna, BC

Newly Renovated Downtown Restaurant Space for Sublease

272 Bernard Avenue, Kelowna, BC


Property Description

Highly coveted opportunity to sublease 3,000 SF of completely renovated restaurant space in the highly sought after 200 block of Bernard Avenue. Some highlights of this opportunity include:

  • 3,000 SF of main floor restaurant space
  • Exceptional location in the 200 block of Bernard Avenue, just steps from City Park, Okanagan Lake, and a variety of shopping, restaurants, and coffee shops, and walking distance from several condo developments that will be complete over the next 2 years
  • Unique finishings with exposed brick, posts and beams, and other great features
  • Completed renovated a year ago to include new plumbing, heating and grease trap, wirelessly controlled LED lights, fully upgraded electrical system with 2 panels, sound system with flush mount speakers, digital menu boards, ethernet networking, new flooring, seating, and a new patio space build out
  • Space can host 50+ seats
  • Exceptional value in existing improvements with over $250,000 invested in renovations in the past year
  • Space also features handicap accessible washrooms with dyson tap/dryer system, a new mop and utility closet, and is fully fireproofed throughout including ceilings, utility room and walls
  • Suitable for a variety of restaurant concepts
  • Sublease term runs to April 30, 2027


Additional Information

Municipal Address272 Bernard Avenue, Kelowna, BC
Legal DescriptionLot B, District Lot 139, Land District 41, Plan KAP2247, ODYD
LocationGreat location on the 200 block of Bernard Avenue in Downtown Kelowna. This space is situated just steps from City Park, Okanagan Lake, and a variety of shopping, restaurants, and coffee shops.
Leasable Area3,000
ZoningC7, Central Business Commercial
Est. Additional Rent~$9.00 PSF

Cost Breakdown

LocationSize
(ft.2)
Base Rent
(/sf/yr)
Triple Net
(/sf/yr)
"All In" Rent Per MonthAdditional CostsIncluded Items
272 Bernard Ave 3,000 $25.00~$9.00~$8,500Utilitiesn/a

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E. & O. Insurance The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.

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2700 Richter St. Kelowna, BC V1Y 2R5