$2,199,000

Commercial For Sale In Penticton, British Columbia

$2,199,000

Property Information:

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:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Exterior Finish: Stucco
  • Roof Material: Roof Material
  • Roof Style: Unknown
  • Heating Type:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Built in: 1940
  • Current Use: Mixed use
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced

Courtesy of: RE/MAX Penticton Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.