1505 Main Street, Penticton, British Columbia V2A5G7

Listing courtesy of Stilhavn Real Estate Services.

$4,790,000
11,453
SqFt

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List Price
$4,790,000
MLS®
10391746
Days on Market
23
Status
ACTIVE
Type
Commercial
Subtype
Retail
Living Area
11,453
Lot Size Dimensions
0.7
Lot Size
30,491
Subdivision
Main North

Property Description

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:5764)

Additional Information

Subdivision
Main North
Parking Spaces
37
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Roof
Tar & gravel, Unknown
Heating
Other
Lot Features
Level lot
Lot Size
30,491

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Calculator source: Real Geeks