$1,995,000

275 Okanagan Avenue, Penticton V2A3J8

10,392 Sq Ft

Detached

Listed by: Business Finders Canada.

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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:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Residential Commercial Mix

Lot Size: 0.5

Property Details

Property Type	Detached
Sub Type	Other
Living Area	10,392 sq ft
Lot Size	0 sq ft
Listing ID	10365800

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