Pamela Hanson PREC* | 250-486-1119 (cell) | pamhanson@remax.net
Heather Smith Licensed Realtor | 250-486-7126 (cell) | hsmith@remax.net
275 Okanagan Avenue E Penticton, British Columbia V2A 3J8
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$2,395,000
This 10,392 sq. ft. two-storey building sits on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, and a secure storage facility with 85 units. The second floor is partially improved for office use and staff accommodations. Offered at a 6% 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. Seller may stay or vacate upon notice. 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. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. Seller may stay or vacate upon notice. Business NOT for sale only the Property. (id:52811)
Property Details
| MLS® Number | 10352705 |
| Property Type | Other |
| Neigbourhood | Industrial Area |
Building
| Constructed Date | 1975 |
| Exterior Finish | Metal, Wood |
| Foundation Type | Insulated Concrete Forms |
| Roof Material | Metal,other |
| Roof Style | Unknown,unknown |
| Size Interior | 10392 Sqft |
| Type | Residential Commercial Mix |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Size Irregular | 0.5 |
| Size Total | 0.5 Ac|under 1 Acre |
| Size Total Text | 0.5 Ac|under 1 Acre |
| Zoning Type | Industrial |
https://www.realtor.ca/real-estate/28558753/275-okanagan-avenue-e-penticton-industrial-area
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July 04 2025 04:53:04
Okanagan-Mainline Real Estate Board
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