1413 Main Street

Price$ 2,499,000 | | CityPenticton

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:64460)

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Property Specifications
Full Address:
1413 Main Street, Penticton, British Columbia
Price:
$ 2,499,000
MLS Number:
10382369
List Date:
April 7th, 2026
Neighbourhood:
Main North
Lot Size:
0.29 ac
Interior Features
Building Features
Floors
Land
Lot Size:
0.29 ac
Neighbourhood Features
Ratings
Location
Neighbourhood Details
REALTOR® Details
Agent: Stewart Dunbar Office: Coldwell Banker Horizon Realty Data provided by: Association of Interior REALTORS®

About the Area

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