• For Sale
  • CAD 3,795,000 
    Presenting a prime investment opportunity with a mixed-use industrial building offering approximately 33,170 square feet of space on a .678-acre lot, ideally located at the corner of Okanagan and Camrose Avenue in Penticton BC, just a few blocks from Main Street. This versatile property is currently utilized for self-storage, space rentals, and warehouse purposes, providing multiple revenue streams under one roof. The current tenant, who has already invested over $1,174,000 in building improvements since 2021—including the installation of an elevator, upgraded electrical systems, fire suppression, accessible washrooms, and more—has expressed readiness to sign a long-term, 10-year triple net lease. This setup offers a stable, hands-off income opportunity with minimal management responsibility, backed by a reliable, committed tenant. The proposed lease rate offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio.
    Jonathan Wall
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    Penticton Commercial Sale, Penticton, British Columbia, Canada is a Penticton luxury listed for sale CAD 3,795,000. This high end Penticton is comprised of N/A bedrooms and N/A baths. Find more luxury properties in Penticton or search for luxury properties for sale in Penticton.