275 Okanagan Avenue E, Penticton, British Columbia V2A 3J8

Listed for:
$1,995,000
0 beds
0 baths
Listed 32 days ago
Residential Commercial Mix for rent: 275 Okanagan Avenue E, Penticton, British Columbia V2A 3J8

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Listing provided by:
Business Finders Canada
MLS® number:
10365800
Agent:
Steven Harvey
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About

Cap Rate: 6.5+% - This 10,392 sq. ft. two-storey building its on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, residents and a secure storage facility. The second floor is partially improved for office use and staff accommodations. Offered at a 6.5%+ CAP RATE Steel and wood construction with ICF foundation, Metal/stucco exterior with torch-on roofing (2019), 400 Amp power, HVAC, and copper plumbing, Secure key fob access, video surveillance, motion sensors, Large fenced yard with 85 self-storage units and one 24'x25' oversized unit. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. This well-located industrial property in Penticton offers a unique opportunity to acquire a mixed-use, income-generating asset in the heart of an established industrial district. Property only, business not for sale. (id:27476)

Property Highlights

MLS® Number
10365800
Type
Other
Land Size
0.5 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Square Footage
10392 sqft
Exterior Finish
Metal, Wood
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location