260 Okanagan Avenue E new Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A3J7
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Industrial Area
MLS Listing ID 10367383
Year Built 1960
Lot Size 0.680 Acres
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Roof Type Unknown,Unknown
Building
Sewer Municipal sewage system