$ 2,998,000 –
260 Okanagan Avenue East
Listing Info
| Area: |
Penticton |
| Property Type: |
Other |
| MLS® Number: |
10367383 |
| Year Built: |
1960 |
| Lot Size: |
0.68 |
| Listing Status: |
Active |
| List Price: |
$ 2,998,000 |
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 |
Listing Agent:
Steve Thompson
(250) 490-7653
Brokerage:
Chamberlain Property Group
(778) 476-7778