About this home
1,486 SF industrial building located in Penticton's established industrial area and zoned M1- General Industrial, offering excellent flexibility for a variety of industrial and commercial users. Constructed of durable concrete, the building features 16-foot ceilings, an efficient warehouse/shop layout with a small mezzanine, washroom, and grade-level loading through an 8' by 12' overhead door. The fully fenced property includes three on-site parking stalls. Currently occupied by a month-to-month tenant, the property offers immediate holding income while allowing flexibility for future owner occupancy or investment.
Highlights & things to check
Highlights
- Zoned M1 General Industrial, per the listing, offering flexibility for a variety of industrial and commercial uses.
- Concrete building with 16-foot ceilings, a small mezzanine, a washroom and a grade-level 8' by 12' overhead door.
- Fully fenced, with three on-site parking stalls, municipal water and municipal sewer.
- Currently leased month-to-month, per the listing, providing immediate income while keeping future owner occupancy open.
- Penticton Regional Hospital is about 600 m away, and the town centre is about 1.8 km, straight-line.
Things to check
- Ask for the actual strata fee breakdown, listed at $1,322 yearly, and confirm exactly what it covers.
- Ask the roof's age and type, as the listing shows only 'Other' for the roof.
- Ask whether the 0.68-acre lot size applies to this unit alone or to the whole shared site.
- Ask for the tenancy agreement and confirm when possession would be possible.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 325 CHERRY Avenue Unit# 106
Neighbourhood scores
9 / 10Walk & bike score: 6.6 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $499,000
- MLS® number
- 10395565
- Property type
- Commercial · Other · Industrial
- Ownership
- Condo/Strata
- Living area
- 1,486 sq ft
- Lot size
- 0.68 acres · 0.68
- Year built
- 1996
- Parking spaces
- 3
- Annual taxes
- $2,555
- Strata / HOA fee
- $1,322 yearly
- Community
- Industrial Area, Penticton
Features
- Heating
- Electric, See remarks
- Roof
- Other, Unknown
- Exterior
- Concrete
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Fencing
- Chain link
Listing information is provided by Colliers through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.