Property Description

INVESTMENT OPPORTUNITY. Multi Tenanted Strip mall property is on an excellent corner, one of the busiest traffic locations in the South Okanagan. This fully occupied strip mall has 7 long term commercial tenants, one residential tenant and has not experienced a vacancy in recent memory. This complex has been extremely well maintained and recent upgrades include: Newer roof, multiple HVAC systems, mechanical systems, exterior paint, parking lot etc. This property has a stable, but diverse tenant mix which provides a low risk passive income with growth potential. This high exposure, high traffic location has access on three sides including lane access and offers lots of parking for tenants and their customers. Close to a major supermarket, services, hospital, this is the City of Penticton’s busiest street. Excellent combination of strong tenant base, quality building, and solid revenues with growth potential make this an excellent long term investment. Call LR for information package (id:15472)

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Central location, Flat site
Address Map
British Columbia
Main North
1505 MAIN Street,
Additional Information
Public Transit
Municipal water
Shopping Area
Municipal sewage system
Public Transit
Agent Information
Re/max Penticton Realty - Dt,Re/max Penticton Realty - Dt
Peter Byrnes,Kirk Chamberlain
(250) 486-8887
Re/Max of Western Canada,Re/Max of Western Canada
Personal Real Estate Corporation,Personal Real Est

Industrial For Sale Or Rent

1505 MAIN Street, Penticton, British Columbia V2A5G7

0 Bedrooms
0 Bathrooms
Visits : 160 in 66 days
C$ 3,895,000
MLS # #190539
Basic Details
Property Type : Industrial
Building Type : Other
Listing Type : For Sale Or Rent
MLS # : 190539
Price : C$ 3,895,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1997
Land Size : 0.699 ac
Agent info
RE/MAX Penticton Realty
Contact Agent