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$ 2,099,000
Est. payment | /mo
$ 2,099,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Main North
MLS® Listing ID 10323611
Originating Board Association of Interior REALTORS®
Year Built 1940
Property Description
Amazing investment opportunity in the heart of the City of Penticton’s downtown core. This mixed use building features 2 commercial units on the ground floor with 4 residential units above. The building is located in the 300 Block of downtown and enjoys high volume traffic. The building has been extensively upgraded and renovated. The two commercial unit tenants are Vitamin King and Just 4 Fun. Vitamin King has 3,000 sqft and has just signed a lease extension for 5 years. Vitamin King is a long-term tenant and has been in the building since 1992. Just 4 Fun is an existing new business that has been the building since 2022 and has 2,556 sqft. 2 of the 4 residential units have been renovated and monthly rent increased accordingly. There are still great upsides in the 2 unrenovated residtial units. Call to inquire today on this great investment opportunity. (id:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Hot Water
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Penticton Realty
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