275 Okanagan Avenue E, Penticton, BC V2A3J8
275 Okanagan Avenue E, Penticton, BC V2A3J8
275 Okanagan Avenue E, Penticton, BC V2A3J8
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$1,995,000
Est. payment /mo
10,392 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 10392

Square Footage 10,392 sqft

Price per Sqft $191

Subdivision Industrial Area

MLS® Listing ID 10365800

Lot Size 0.500 Acres

Acres 0.5

Property Description

Cap Rate: 6.5+% - This 10,392 sq. ft. two-storey building its on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, residents and a secure storage facility. The second floor is partially improved for office use and staff accommodations. Offered at a 6.5%+ 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. 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. Property only, business not for sale. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Roof Type Unknown,Unknown

Attached Garage No

Garage No

Private Pool No


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Jeffrey Sefton

Jeffrey Sefton

+1(250) 244-1762

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275 Okanagan Avenue E