260 OKANAGAN Avenue E
Penticton, British Columbia, V2A3J7
For Sale | $2,075,000
Key facts
- Property type: Other
- Structure: Residential Commercial Mix
- Transaction: For Sale
- Price: $2,075,000
- Lot size: 0.68
- Year built: 1960
- Parking: 18
- Listing key: 29061026
Listing overview
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 class="container" id="details-container".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 impro...

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