Presenting a prime investment opportunity with a mixed-use industrial building offering approximately 33,784 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 owner 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. The building is fully leased and the current rent roll offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:4069)
Address
260 Okanagan Avenue E
List Price
$3,650,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Area
British Columbia
Sub-Area
Penticton
Floor Area
33,784 Sq. Ft.
Lot Size
0.68 Sq. Ft.
Year Built
1960
MLS® Number
10350406
Listing Brokerage
Engel & Volkers South Okanagan
| Chamberlain Property Group
Postal Code
V2A3J7
Features
Elevator
