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Main Photo: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 1: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 2: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 3: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 4: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 5: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 6: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 7: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 8: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 9: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 10: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 11: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 12: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 13: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 14: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 15: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 16: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 17: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 18: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 19: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 20: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 21: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 22: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 23: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 24: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 25: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Photo 26: 260 Okanagan Avenue E in Penticton: Other for sale : MLS®# 10340022
Status:
Active
Prop. Type:
Other
MLS® Num:
10340022
Build. Type:
Residential Commercial Mix
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 current tenant, who 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—has expressed readiness to sign a long-term, 10-year triple net lease. This setup offers a stable, hands-off income opportunity with minimal management responsibility, backed by a reliable, committed tenant. The proposed lease rate offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:2493)
Property Type:
Other
Common Interest:
Freehold
Total Living Area:
33,784 sq. ft.
Zoning:
Industrial
Taxes:
$41,703 / -
Community:
Industrial Area
Exterior Features:
Stucco
Security Features:
Security system, Security, Sprinkler System-Fire, Smoke Detector Only
Structure Type:
Residential Commercial Mix
Half Bathrooms:
0
Roof:
Other, Unknown
Cooling:
Central air conditioning
Fireplace:
No
Heating:
Other
Roof Style:
Other, Unknown
Water:
Municipal water
Sewer:
Municipal sewage system
Current Use:
Mixed use
Lot Size:
0.68 acre(s)
Lot Details:
0.68
Lot Features:
Elevator
Total Parking Spaces:
16
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Listed by Engel & Volkers South Okanagan and Chamberlain Property Group
Data was last updated April 17, 2025 at 11:15 AM (UTC)
CHAD WOZNIAK  PREC ABR SRES CRS CLHMS MCNE
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