$ 3,650,000 260 Okanagan Avenue East

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Penticton
Property Type: Other
Ownership: Freehold
MLS® Number: 10350406
Year Built: 1960
Lot Size: 0.68
Listing Status: Active
List Price: $ 3,650,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Other – Penticton

Presenting a prime investment opportunity with a mixed-use industrial building offering approximately 33,784 square feet of space on a .678-acre lot, ideally located at the corner of Okanagan and Camrose Avenue in Penticton BC, just a few blocks from Main Street. This versatile property is currently utilized for self-storage, space rentals, and warehouse purposes, providing multiple revenue streams under one roof. The owner has already invested over $1,174,000 in building improvements since 2021—including the installation of an elevator, upgraded electrical systems, fire suppression, accessible washrooms, and more. The building is fully leased and the current rent roll offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:6769)

Construction Info

Interior Finish: 33784
Sewer: Municipal sewage system
Parking: 18

Rooms Dimension

Listing Agent:

Jonathan Wall
(604) 202-3771

Brokerage:

Engel & Volkers South Okanagan
(778) 622-3446
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