260 Okanagan Avenue E, Penticton, British Columbia

$3,650,000

Previous Next

33,784

Square feet

0.68

Acres

About 260 Okanagan Avenue E

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:3745)

Features of 260 Okanagan Avenue E

Listing # 10350406
Price $3,650,000
Bathrooms 0.00
Square Footage 33,784
Acres 0.68
Year Built 1960
Type Other
Sub-Type Freehold

Community Information

Address 260 Okanagan Avenue E
Subdivision Industrial Area
City Penticton
Province British Columbia
Postal Code V2A3J7

Amenities

Features Elevator
Parking Spaces 18
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Exterior Stucco
Roof Tar & gravel,Other

Additional Information

Zoning Unknown

Listing Details

OfficeEngel & Volkers South Okanagan

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?