260 Okanagan Avenue East, Penticton
MLS® 10350406
Presenting a prime investment opportunity with a mixed-use industrial building offering approximately 33,784 square feet of space on a .678-acre lot, ideally located at the corner of Okanagan and Camrose Avenue in Penticton BC, just a few blocks from Main Street. This versatile property is currently utilized for self-storage, space rentals, and warehouse purposes, providing multiple revenue streams under one roof. The owner has already invested over $1,174,000 in building improvements since 2021—including the installation of an elevator, upgraded electrical systems, fire suppression, accessible washrooms, and more. The building is fully leased and the current rent roll offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:28299)Property Details
- Full Address:
- 260 Okanagan Avenue East, Penticton, British Columbia
- Price:
- $ 3,650,000
- MLS Number:
- 10350406
- List Date:
- June 3rd, 2025
- Neighbourhood:
- Industrial Area
- Lot Size:
- 0.68 ac
- Year Built:
- 1960
- Taxes:
- $ 41,703
Interior Features
- Air Conditioning:
- Central air conditioning
- Heating:
- Other
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Tar & gravel, Other, Unknown
- Zoning:
- Unknown
- Exterior:
- Stucco
- Garage Spaces:
- 18
- Ownership Type:
- Freehold
- Taxes:
- $ 41,703
Floors
- Finished Area:
- 33784 sq.ft.
Land
- Lot Size:
- 0.68 ac
- Current Use:
- Mixed use
Neighbourhood Features
Ratings
Commercial Info
Agent: Jonathan Wall
Location
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