275 Okanagan Avenue E

Price$ 1,995,000 | | CityPenticton

Cap Rate: 6.5+% – This 10,392 sq. ft. two-storey building its on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, residents and a secure storage facility. The second floor is partially improved for office use and staff accommodations. Offered at a 6.5%+ CAP RATE Steel and wood construction with ICF foundation, Metal/stucco exterior with torch-on roofing (2019), 400 Amp power, HVAC, and copper plumbing, Secure key fob access, video surveillance, motion sensors, Large fenced yard with 85 self-storage units and one 24'x25' oversized unit. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. This well-located industrial property in Penticton offers a unique opportunity to acquire a mixed-use, income-generating asset in the heart of an established industrial district. Property only, business not for sale. (id:64460)

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Property Specifications
Full Address:
275 Okanagan Avenue E, Penticton, British Columbia
Price:
$ 1,995,000
MLS Number:
10365800
List Date:
October 15th, 2025
Neighbourhood:
Industrial Area
Square Footage:
10392 sq.ft.
Lot Size:
0.5 ac
Interior Features
Building Features
Foundation:
Insulated Concrete Forms
Roof:
Metal, Other, Unknown
Exterior:
Wood, Metal
Floors
Finished Area:
10392 sq.ft.
Land
Lot Size:
0.5 ac
Current Use:
Mixed use
Neighbourhood Features
Ratings
Location
Neighbourhood Details
REALTOR® Details
Agent: Steven Harvey Office: Business Finders Canada Data provided by: Association of Interior REALTORS®

About the Area

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