Area: British Columbia
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CONTINGENT: Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 – Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator—a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:44056)

Property Details

Full Address:
2595 Skaha Lake Road, Penticton, British Columbia
Price:
$ 2,400,000
MLS Number:
10344403
List Date:
April 24th, 2025
Lot Size:
0.45 ac
Year Built:
1999
Taxes:
$ 20,140

Interior Features

Air Conditioning:
Heat Pump, See Remarks
Heating:
Forced air, See remarks

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Unknown
Zoning:
Commercial
Garage:
Attached Garage
Garage Spaces:
12
Ownership Type:
Freehold
Taxes:
$ 20,140

Floors

Finished Area:
1075 sq.ft.

Land

Lot Size:
0.45 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Mike Wood eXp Realty
 778-931-0051
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Listing Agent(s)

Listing: Mike Wood
eXp Realty
Co-Listing: Tricia Radcliffe
eXp Realty

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