Penticton, BC V2A3J7,260 Okanagan Avenue E
Penticton, BC V2A3J7,260 Okanagan Avenue E
Penticton, BC V2A3J7,260 Okanagan Avenue E
Penticton, BC V2A3J7,260 Okanagan Avenue E
Penticton, BC V2A3J7,260 Okanagan Avenue E
Penticton, BC V2A3J7,260 Okanagan Avenue E
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$ 3,650,000
Est. payment | /mo

33,784 SqFt


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$ 3,650,000
Est. payment | /mo
Save

33,784 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 33,784 sqft

Price per Sqft $108

Subdivision Industrial Area

MLS® Listing ID 10350406

Year Built 1960

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Presenting a prime investment opportunity with a mixed-use industrial building offering approximately 33,784 square feet of space on a .678-acre lot, ideally located at the corner of Okanagan and Camrose Avenue in Penticton BC, just a few blocks from Main Street. This versatile property is currently utilized for self-storage, space rentals, and warehouse purposes, providing multiple revenue streams under one roof. The owner has already invested over $1,174,000 in building improvements since 2021—including the installation of an elevator, upgraded electrical systems, fire suppression, accessible washrooms, and more. The building is fully leased and the current rent roll offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Roof Type Unknown,Unknown

Total Parking Spaces 18

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Engel & Volkers South Okanagan
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"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

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202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

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