260 Okanagan Avenue E Active Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A3J7
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
State 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