Area: British Columbia
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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:44056)

Property Details

Full Address:
260 Okanagan Avenue E, Penticton, British Columbia
Price:
$ 3,650,000
MLS Number:
10350406
List Date:
June 3rd, 2025
Lot Size:
0.68 ac
Year Built:
1960
Taxes:
$ 41,703

Interior Features

Air Conditioning:
Central air conditioning
Heating:
Other

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Other, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage Spaces:
18
Ownership Type:
Freehold
Taxes:
$ 41,703

Floors

Finished Area:
33784 sq.ft.

Land

Lot Size:
0.68 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Jonathan Wall
Engel & Volkers South Okanagan
Co-Listing: John Green
Chamberlain Property Group

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