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$175,000
10394830 MLS® #
The Cellar Wine Bar & Kitchen in the heart of the Okanagan. Perfect for pairing with Local Wineries. Old world charm abounds in the New World Wine Bar. Not all business assets, decor, and fixtures pictured are included in the sale. A full list of included items is available upon request. Contact listing agent for details. (id:5764)

412 Main Street, Penticton

Listing courtesy of RE/MAX Penticton Realty.

$900,000
10393541 MLS® #
This exceptional 4,701 sq. ft. commercial property in downtown Penticton is available for lease or for sale, offering prime exposure in a high-traffic area with ample street parking. The one-storey building with a full basement provides extensive flexibility, featuring 19 private office spaces, 3 meeting rooms, a welcoming reception area, 2 bathrooms, a staff area, and 5 dedicated storage/file rooms, plus additional storage below and convenient alley access. Currently operating as a law office, this well-maintained space is ideal for professional services or businesses seeking a central, highly accessible location close to shopping, recreation, and public transit. (id:5764)

474 Main Street, Penticton

Listing courtesy of Royal LePage Locations West.

$949,000
10392997 MLS® #
Flexible C5 zoning for this development property on Main Street in Penticton. 80ft by 100ft with alley access in a desirable location close to shopping, schools, Penticton's farmers market, Okanagan Lake and all the amenities that the downtown core has to offer. Maximum height of 36.6 meters, 100% lot coverage and a FAR of 6 that will allow a multi story building, best suited for ground floor commercial with residential above. Contact the listing agent for details! (id:5764)

582/598 Main Street, Penticton

Listing courtesy of Royal LePage Locations West.

$599,000
10392998 MLS® #
Development opportunity in the up and coming Northern Gateway of Penticton. This clear lot is walking distance to the shores of Okanagan lake with multiple projects already under construction in the area. The lot has 50 ft of frontage on Westminster Ave and 120 ft deep with lane access providing a perfect footprint for a fourplex. Preliminary building plans available. Contact the listing agent for details! (id:5764)

762 Westminster Avenue, Penticton

Listing courtesy of Royal LePage Locations West.

$499,000
10388433 MLS® #
Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units (id:5764)

626 MARTIN Street, Penticton

Listing courtesy of RE/MAX Penticton Realty.

$1,225,000
10387819 MLS® #
The Bench Market, one of the South Okanagan's top food destinations is being offered For Sale. This iconic brand in Penticton's food scene has an incredibly strong following among locals, wine tourers and tourists alike. This top foodie destination is located on Vancouver Hill which is the beginning of the famous winery route on the Naramata Bench. The Bench Market has built their reputation on providing high quality artisanal fare with fresh locally sourced ingredients. This successful & profitable business is fully turn-key. From the recipes, fully equipped kitchens etc. to marketing, the only thing this business needs is you! Included in this share sale are the business/goodwill, the property (including 2 buildings), & all assets. The Bench Market has 3 main income sources, providing a diverse product offering: the eatery/cafe, the niche grocery market & the catering business. Fabulous outdoor seating has made this popular location the place to be for many years. If you have a passion for the industry, this is your opportunity to invest in a highly successful business & take it to the next level. The Bench Market is calling for you! (id:5764)

368 Vancouver Avenue, Penticton

Listing courtesy of Chamberlain Property Group.

$150,000
10386589 MLS® #
Twisted Chopsticks Eatery is a thriving local business opportunity located in the heart of downtown Penticton at 449 Main Street, just a few blocks from Okanagan Lake. Known for experimenting with bold flavours while serving delicious traditional Chinese cuisine, this popular eat-in and take-out restaurant enjoys a high-visibility location with excellent foot traffic, street parking, and public transit right out front. The space offers comfortable seating for dine-in guests, two private bathrooms, and an affordable lease in place until April 2029 at just $2,200/month. A well-established and busy local favourite, turnkey opportunity with asset list and financials available upon request. (id:5764)

449 Main Street Unit 101, Penticton

Listing courtesy of Royal LePage Locations West.

$2,500,000
10383272 MLS® #
An exceptional opportunity to own a prime commercial office building in downtown Penticton! This well maintained building boasts a total of 15,254 square feet of leasable space, situated on a generous 0.172 acre lot. Featuring a diverse mix of individual work areas and communal spaces this property offers a versatile layout suitable for various business endeavors such as a law office or accounting firm. The main floor encompasses 5,897 square feet of leasable space, while an additional 5,881 square feet are available on the upper level plus 3,476 in the basement. This property has undergone recent upgrades including improvements to the HVAC, boiler system pumps, new hot water tank, new sump pump, and upgraded furnace. Strategically positioned on a corner lot and zoned C5 in the heart of the downtown core, this property offers excellent visibility and accessibility. Measurements taken from i-Guide. Contact the listing agent for a viewing. (id:5764)

498 ELLIS Street, Penticton

Listing courtesy of RE/MAX Penticton Realty.

$499,900
10383032 MLS® #
Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate residential listing. Some photos have been virtually staged. (id:5764)

1348 Government Street, Penticton

Listing courtesy of Engel & Volkers South Okanagan.

$499,900
3 Beds ⋅ 2 Baths ⋅ 10377853 MLS® #
Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate commercial listing. Some photos have been virtually staged. (id:5764)

1348 Government Street, Penticton

Listing courtesy of Engel & Volkers South Okanagan.

$499,000
10379618 MLS® #
Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers’ Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton’s most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.” - Contingent. (id:5764)

251 Main Street, Penticton

Listing courtesy of Engel & Volkers South Okanagan.

$5,100,000
10376277 MLS® #
Amazing investment opportunity downtown Penticton. Fully leased office building with 3 Tenants with escalating leases in the heart of downtown. With 18,751 sqft of first-class office space this building sits on a 0.505 acre of land on Penticton’s colourful Front Street just one block to Okanagan Lake parks, beaches and events. Front Street is the premiere commercial street in the downtown area. There is a popular walking trail running along Penticton Creek right behind the building with a bridge that crosses to Ellis Street. The parking lot has access from both Front Street and from the alley that accesses Backstreet Boulevard. This building has high quality lease hold improvements throughout. RBC Dominion Lending has occupied the building since 1994 with 5,081 sqft of space leased; the City of Penticton leases the entire second floor area at 8,385 sqft and has done extensive lease hold improvements; McLeod-Schneiderat Lawyers leasing 5,285 sqft of space on the first floor and has also just completed extensive lease hold improvements. All leases are full triple-net leases with renewals. The building has 24 dedicated parking spaces and bike lock-up. The property is zoned C5 and offers many of long-term possibilities as Penticton’s best downtown zoning. $6.67/sqft Additional Rent. (id:5764)

100 FRONT Street, Penticton

Listing courtesy of RE/MAX Penticton Realty.

$185,000
10372499 MLS® #
Seize the Opportunity to own Highly Profitable, low-waste market in a Prime location! The Local Motive Low-Waste Market offers 3,326 sq. ft. of retail space and an additional 1,380 sq. ft. of shared indoor public dining area. The fully stocked storefront includes a display cooler and walk-in cooler, a fully vented food-safe kitchen, a POS sales system, complete store shelving, office space, dry goods storage, a micro-greens growing room, and a staff bathroom with a shower. The kitchen service presents ample opportunities for expansion, making this business ready for growth. As a Farmer Direct store, Local Motive Low-Waste Market is dedicated to providing high-quality local and organic groceries with minimal to Zero Waste Packaging. Our Network features Unique Fresh Produce, Bulk foods, and hygiene products. THIS IS A BUSINESS SALE AND DOES NOT INCLUDE THE BUILDING, THE BRAND NAME LOCALMOTIVE, THE CSA BOX DELIVERY SERVICE, OR WWW.LOCALMOTIVE.CA. Explore your new business with our immersive 3D tour. Contact listing realtor for an NDA and detailed information package. (id:5764)

1848 MAIN Street Unit 148 & 150, Penticton

Listing courtesy of RE/MAX Kelowna.