Commercial $ 779,000

322 Main Street

Penticton, BC V2A5C3

  • 1,300 SqFt
  • 3,049 Lot Size
  • 1955 Year Built
Seize the opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two fully leased units with invested tenants. 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (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 1, 300 sqft

    Price per Sqft $599

    Subdivision Main North

    MLS Listing ID 10363712

    Year Built 1955

    Lot Size 3,049 Sqft

    Acres 0.07

    Property Sub-Type Freehold

    Source Association of Interior REALTORS®

  • Location

    Province BC

    Zoning Commercial

  • Rooms

    Kitchen 0.0

  • Building

    Sewer Municipal sewage system

  • Interior

    Heating Forced air

    Cooling Central air conditioning

  • Exterior

    Parking Features No

    View Y/N No

    Roof Type Unknown

    Total Parking Spaces 1

    Private Pool No

  • Others

    Ownership Freehold

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