MLS: 10350406
260 Okanagan Avenue E
33784 sqft
$3,650,000
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 owner 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. The building is fully leased and the current rent roll offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:6770)
Investment Opportunities < 1 Acre NewListed by John Green
Chamberlain Property Group
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Overview
- Price $3,650,000
- MLS # 10350406
- Age 1960
- Size 33784 sqft
- Exterior Stucco
- Cooling Central Air Conditioning
- Water Municipal water
- Sewer Municipal sewage system
- Listing Agent John Green
- Listing Office Chamberlain Property Group
