About this home
Prime Downtown Penticton Investment Opportunity Discover an exceptional opportunity to acquire a fully leased commercial property in the heart of downtown Penticton. Located at 441 Main Street, this high-visibility property offers approximately 1,800 square feet on the main floor, plus a finished basement and loft that are not included in the stated square footage. With an established tenant in place and a healthy current capitalization rate, the property provides immediate investment income with potential for further improvement over time. Its prominent Main Street location, strong pedestrian and vehicle exposure, and proximity to downtown businesses, restaurants and amenities make it a compelling addition to any commercial real estate portfolio. Exclusive parking area available in back of building An attractive combination of stable income, additional usable space and long-term upside in one of Penticton’s most desirable commercial locations.
Highlights & things to check
Highlights
- Fully leased with an established tenant in place, per the listing.
- Main floor is about 1,800 sq ft, plus a finished basement and loft that are not included in that figure, per the listing.
- Exclusive parking area at the back of the building, per the listing.
- Penticton Recreation & Wellness Centre about 380 m, town centre about 610 m and Okanagan Lake about 840 m away.
Things to check
- Ask for the lease terms, the rent roll and the capitalization rate figures behind the listing.
- Ask whether the finished basement and loft are permitted for commercial use, since they are outside the stated square footage.
- The building dates from 1950. Ask when the roof and heating system were last replaced.
- Ask for the current property taxes and any operating costs for the building.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 441 Main Street
Neighbourhood scores
8.8 / 10Walk & bike score: 7.4 / 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
- $625,000
- MLS® number
- 10400292
- Property type
- Single-family home · Residential Commercial Mix · Other
- Year built
- 1950
- Community
- Main North, Penticton
Features
- Parking
- Rear
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Listing information is provided by Locke Property Management Ltd. through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.