260 OKANAGAN Avenue East, Penticton, British Columbia V2A3J7

Listing courtesy of Chamberlain Property Group.

$2,075,000

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List Price
$2,075,000
Price Change
▼ $24,000 1779489416
MLS®
10367383
Days on Market
265
Status
ACTIVE
Type
Commercial
Subtype
Other
Lot Size Dimensions
0.68
Lot Size
29,620
Subdivision
Industrial Area

Property Description

COURT DATE SET! Accepted Offer $2,075,000 - July 16, 2026, 1:45 PM @ Penticton Supreme Court. 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:5764)

Additional Information

Subdivision
Industrial Area
Parking Spaces
18
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Roof
Tar & gravel, Other, Unknown
Heating
Other
Lot Features
Elevator
Lot Size
29,620

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Calculator source: Real Geeks