260 Okanagan Ave E

For Sale 94 Days
$3,650,000
beds
baths
33,784 Sqft

260 Okanagan Ave E

For Sale 94 Days
$3,650,000
beds
baths
33,784 Sqft

Highlights

Key insights

Description

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:55581)

Jonathan Wall of Engel & Volkers South Okanagan,
#10350406
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat type
    Other
  • Sewer/ septic
    Municipal sewage system
Exterior
  • Roof
    Unknown
  • # parking spaces
    18
Location
  • Subdivision
    Industrial area
  • Zoning description
    Unknown
  • Directions
    1558768
Lot/ Land Details
  • Lot dimensions
    0.68
Overview
  • Lot size (acres)
    0.68
  • Building size
    33784
  • Listing #
    10350406
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28409211/260-okanagan-avenue-e-penticton-industrial-area
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-9,733

/ Month
25 Years fixed, 20% down payment, % interest
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