$ 4,790,000 – 1505 Main Street

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

Listing Info

Area: Penticton
Property Type: Retail
MLS® Number: 10391746
Year Built: 1997
Lot Size: 0.7
Listing Status: Active
List Price: $ 4,790,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Retail – Penticton

This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, most of the roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:6769)

Construction Info

Interior Finish: 11453
Sewer: Municipal sewage system
Parking: 37

Rooms Dimension

Listing Agent:

Eric Steinbach
(250) 718-8677

Brokerage:

Stilhavn Real Estate Services
(778) 738-4260
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