Commercial $ 3,650,000

260 Okanagan Avenue E

Penticton, BC V2A3J7

  • 33,784 SqFt
  • 0.68 Lot Size
  • 1960 Year Built
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)
Listed by Engel & Volkers South Okanagan

PROPERTY DETAIL

  • 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®

  • Location

    Province BC

    Zoning Unknown

  • Rooms

    Kitchen 0.0

  • Building

    Sewer Municipal sewage system

  • 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

  • Others

    Ownership Freehold

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