Area: British Columbia
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High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:44056)

Property Details

Full Address:
260 OKANAGAN Avenue E, Penticton, British Columbia
Price:
$ 2,075,000
MLS Number:
10367383
List Date:
November 3rd, 2025
Neighbourhood:
Industrial Area
Lot Size:
0.68 ac
Year Built:
1960
Taxes:
$ 43,621

Interior Features

Air Conditioning:
Central air conditioning
Heating:
Other

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Other, Unknown
Exterior:
Stucco
Garage Spaces:
18
Taxes:
$ 43,621

Floors

Land

Lot Size:
0.68 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Steve Thompson Chamberlain Property Group
 250-490-7653
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Listing Agent(s)

Listing: Steve Thompson
Chamberlain Property Group
Co-Listing: Juliana Harstone
Chamberlain Property Group

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