Income Producing Industrial Property And Storage

  • $2,395,000

    ASKING
    PRICE

    MLS #: 1537

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275 Okanagan Ave

PRICING BREAKDOWN

  • Asking Price
    $2,395,000
  • Approx. Inventory Value
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  • FF&E Value
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275 Okanagan Ave -c 275 Okanagan Ave -d 275 Okanagan Ave -h 275 Okanagan Ave -h 275 Okanagan Ave -h
  • 1537
  • MLS®
  • 965
  • Interior m²
  • Commercial
  • Property Type
    • 10392
    • Interior SQFT

BASIC INFORMATION

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Key Points:

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BUSINESS DESCRIPTION

Income Producing Industrial Property And Storage

Sitting on a well-positioned 0.50-acre site, this two-storey building blends commercial storefront, functional industrial/office space, and a fully secured self-storage facility – all within one income-producing asset.

This is a rare opportunity to acquire a fully income-generating, mixed-use industrial property in the heart of Penticton’s established industrial district.

  • Attractive 6% Cap Rate – Strong and stable cash flow from diversified income streams.
  • Flexible Space – Ideal for industrial, commercial, or office use, with zoning supporting continued mixed-use operation.
  • Half-Acre Lot – 0.50-acre site with secure yard, ample parking, and excellent access

    Property Overview

  • Main Floor (5,376 sq. ft.)

    • Below-grade retail/commercial area at front of building – ideal for showroom, light industrial use, or tenant rental.

    Second Floor (5,016 sq. ft.)

    • Configured primarily as office space, with current use including storage and employee living quarters.
    • Features a kitchenette, one 2-piece washroom, and one 3-piece washroom.

Details

Updated on 2025-09-08 23:44:53

Property Details

Rooms Dimension

RoomFloorDimension

Additional details

Property Address

  • Sub Area:
  • Province: British Columbia
  • City:
  • Country: Canada

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