Salehian.com 647-325-5000

275 Okanagan Avenue E

Industrial Area, Penticton, BC, V2A3J8

Listed by Business Finders Canada

$1,995,000

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  • 10392 sq ft

Listed 371 days ago · MLS® 10365800

About this home

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:66966)

Details

Type
Other
Size
10392 sq ft
Neighbourhood
Industrial Area
Municipality
Penticton

Interior

Fireplace
No

Building and exterior

Roof
Metal
Foundation
Insulated Concrete Forms
Outdoor
Wood, Metal

Location

Location is approximate. See nearby homes on the map

Listed by Business Finders Canada.

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