173 Wade Avenue West, Penticton

MLS® 10360834

This exceptional investment opportunity features a 16-unit apartment building at 173 Wade Ave W, alongside the adjacent property at 157 Wade Ave, which is also listed at $900,000. Combined both properties for $3,400,000. Both properties are sold together, offering operational efficiency and scale for investors, and the apartment building generates stable rental income, cap rate 5.7%. This side-by-side offering provides strong long term growth potential in a highly desirable central location, close to shopping, transit, and community amenities, making it an outstanding investment in a high-demand rental market. (id:28299)

Property Details

Full Address:
173 Wade Avenue West, Penticton, British Columbia
Price:
$ 2,500,000
MLS Number:
10360834
List Date:
August 27th, 2025
Neighbourhood:
Main North

Interior Features

Building Features

Zoning:
Unknown

Floors

Land

Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Agent: Bill Raine

Location

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