This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, both roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:44056)

Property Details

Full Address:
1505 Main Street, Penticton, British Columbia
Price:
$ 4,790,000
MLS Number:
10401753
List Date:
September 29th, 2026
Lot Size:
0.7 ac
Year Built:
1997
Taxes:
$ 25,510

Interior Features

Air Conditioning:
Central air conditioning
Heating:
Other

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Unknown
Garage Spaces:
37
Security:
Security
Taxes:
$ 25,510

Floors

Finished Area:
11453 sq.ft.

Land

Lot Size:
0.7 ac
Lot Features:
Level lot

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Eric Steinbach Stilhavn Real Estate Services
250-718-8677
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Listing Agent(s)

Lead Agent: Eric Steinbach
Office: Stilhavn Real Estate Services
Originating Board: Association of Interior REALTORS®

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