$ 3,099,000 260 Okanagan Avenue East

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Penticton
Property Type: Other
MLS® Number: 10367383
Year Built: 1960
Lot Size: 0.68
Listing Status: Active
List Price: $ 3,099,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Other – Penticton

High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:6769)

Construction Info

Sewer: Municipal sewage system
Parking: 18

Rooms Dimension

Listing Agent:

Steve Thompson
(250) 490-7653

Brokerage:

Chamberlain Property Group
(778) 476-7778
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