275 Okanagan Ave E

For Sale New 5 Days
$2,149,995
beds
baths
10,392 Sqft

275 Okanagan Ave E

For Sale New 5 Days
$2,149,995
beds
baths
10,392 Sqft

Highlights

Key insights

Description

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:63267)

Steven Harvey of Business Finders Canada,
#10365800
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Exterior
  • Roof
    Unknown
Location
  • Subdivision
    Industrial area
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot dimensions
    0.5
Overview
  • Lot size (acres)
    0.5
  • Building size
    10392
  • Listing #
    10365800
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28990524/275-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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$-5,733

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25 Years fixed, 20% down payment, % interest
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