260 Okanagan Avenue E Penticton, British Columbia V2A 3J7
$3,650,000
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:60329)
Property Details
| MLS® Number | 10350406 |
| Property Type | Other |
| Neigbourhood | Industrial Area |
| Features | Elevator |
| Parking Space Total | 18 |
Building
| Constructed Date | 1960 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco |
| Fire Protection | Security, Sprinkler System-fire, Security System, Smoke Detector Only |
| Heating Type | Other |
| Roof Material | Tar & Gravel,other |
| Roof Style | Unknown,unknown |
| Size Interior | 33,784 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.68 |
| Size Total | 0.68 Ac|under 1 Acre |
| Size Total Text | 0.68 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28409211/260-okanagan-avenue-e-penticton-industrial-area
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June 18 2025 11:19:17
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Engel & Volkers South Okanagan, Chamberlain Property Group