260 Okanagan Avenue E, Penticton, British Columbia V2A 3J7

Listed for:
$3,099,000
0 beds
0 baths
Listed 4 days ago
Residential Commercial Mix for rent: 260 Okanagan Avenue E, Penticton, British Columbia V2A 3J7

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Learn more about this property
Listing provided by:
Chamberlain Property Group
MLS® number:
10367383
Agent:
Steve Thompson
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About

High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:27476)

Property Highlights

MLS® Number
10367383
Type
Other
Land Size
0.68 ac|under 1 acre
Parking Space Total
18

Building

Building Type
Residential Commercial Mix
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location