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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