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275 Okanagan Avenue E Penticton, British Columbia

$1,995,000

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:24493) MLS® #10365800

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About Penticton

Penticton offers an unique mix of areas that are both busy and quiet. Although the atmosphere is not the liveliest in this city with its approximately 10 nightlife venues, it is easy to find a place to grab a drink as they are generally located a short walk away. At the same time, most areas in this city are very quiet, as the streets are usually very calm.

This information is provided by a third party data source. Kijiji is not responsible for the accuracy of this information.

Getting around

  • Walk score

    6

    Some day-to-day needs are within walking distance

  • Transit score

    2

    Few transit options

  • Bike score

    5

    Somewhat suitable for bicycle commuting and/or recreational cycling

This information is provided by a third party data source. Kijiji is not responsible for the accuracy of this information.

Listed By

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Website

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$1,995,000

275 Okanagan Avenue E Penticton, British Columbia






















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