322 Main Street new

Penticton,BC V2A5C3

$ 759000

- Bed

0 Bath

1300 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $583

Subdivision Main North

MLS Listing ID 10363712

Year Built 1955

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Seize the opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two fully leased units with invested tenants. 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (id:24570)

Location

Province BC

Zoning Commercial

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Total Parking Spaces 1

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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