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$759,000
Est. payment /mo
1,300 SqFt
UPDATED:
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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Listed by Engel & Volkers South Okanagan
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