- Active
500 LORNE Street
Kamloops · Other
- Sqft
- 11,700
- Built
- 1920
Listed by REMAX Kamloops · MLS® 10398970
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Sign inAbout this home
Rare opportunity to acquire the historic CN Station Building -- a fully equipped, turnkey restaurant building in the heart of downtown Kamloops. Built in 1920, this 11,700 sq ft heritage landmark sits on a 6,661 sq ft lot in Station Plaza, steps from Sandman Centre arena, downtown hotels, offices, and a growing base of condo residents. Currently operating as a leased restaurant, with vacant possession on closing. Features include a stunning spiral staircase connecting two floors, a fully functioning elevator with access to all floors, a sunken wraparound bar, fireplaces on both levels, a dedicated private dining room, and seating for 300 including patio. Fully equipped commercial kitchen included, and a separate prep kitchen. The building also features a dedicated dining room for business meetings or smaller parties. Food Primary liquor licence is transferable. Zoned CBD (Central Business District), permitting restaurant, pub, nightclub, entertainment, and office use as-of-right, offering flexibility well beyond food service. Ample public and street parking surrounds the property, and there are several existing and new construction apartment buildings well within walking distance. A genuine second-generation opportunity that eliminates the cost and delay of a ground-up build, inside one of Kamloops' most distinctive and recognizable buildings. Offered at $1,999,000. Also available for lease for the right tenant. Inquire with listing agent.
Home facts
- Interior
- 11,700 sq ft
- Year built
- 1920
- Property type
- Other
- Area
- South Kamloops
- Listed
- August 27, 2026
- Structure
- Other
- PID
- 029-628-695
- Common interest
- Freehold
Highlights
- Patio
Features and inclusions
- Heating
- No heat
Rooms and building
- Sewer
- Municipal sewage system
- Water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $9,432
- Property tax
- $583/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,165
Purchase snapshot
- List price
- $1,990,000
- Down payment
- $398,000 (20%)
- Estimated mortgage
- $1,592,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $13,638
- At 6.8535 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Kamloops
Ten year average, 2016–2025.
- Average temperature
- 9.8°C
- Daily mean across the year.
- Yearly precipitation
- 221 mm
- On the drier side for BC.
- Bright sunshine
- 2,080 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
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