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354 Main Street Penticton, British Columbia V2A 5C3

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Hot Water

$2,199,000

Amazing investment opportunity in the heart of the City of Penticton’s downtown core. This mixed use building features 2 commercial units on the ground floor with 4 residential units above. The building is located in the 300 Block of downtown and enjoys high volume traffic. The building has been extensively upgraded and renovated. The two commercial unit tenants are Vitamin King and Just 4 Fun. Vitamin King has 3,000 sqft and has just signed a lease extension for 5 years. Vitamin King is a long-term tenant and has been in the building since 1992. Just 4 Fun is an existing new business that has been the building since 2022 and has 2,556 sqft. 2 of the 4 residential units have been renovated and monthly rent increased accordingly. There are still great upsides in the 2 unrenovated residtial units. Call to inquire today on this great investment opportunity. (id:52811)

Property Details

MLS® Number 10323611
Property Type Other
Neigbourhood Main North

Building

Constructed Date 1940
Exterior Finish Stucco
Heating Type Hot Water
Roof Material Other
Roof Style Unknown
Type Residential Commercial Mix
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Current Use Mixed Use
Sewer Municipal Sewage System
Size Total Text Under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/27392759/354-main-street-penticton-main-north