1413 Main Street, Penticton, British Columbia V2A 5G4

Listed for:
$2,499,000
0 beds
0 baths
Listed 11 days ago
Retail for rent: 1413 Main Street, Penticton, British Columbia V2A 5G4

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About

Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:27476)

Property Highlights

MLS® Number
10382369
Type
Retail
Land Size
0.29 ac|under 1 acre

Building

Building Type
Retail
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Coldwell Banker Horizon Realty
MLS® number:
10382369
Agent:
Stewart Dunbar
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