$4,790,000

1505 Main Street, Penticton

Main North, Penticton, BC V2A5G7

11,453 sq ft · Commercial

Listed by Stilhavn Real Estate Services · Eric Steinbach

About this property

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:67417)

Property details

Price

$4,790,000

MLS® number

10401753

Property type

Commercial · Retail

Living area

11,453 sq ft

Lot size

0.7 acres · 0.7

Frontage

145 feet

Year built

1997

Parking spaces

37

Annual taxes

$25,510

Community

Main North, Penticton

Features

Heating

Other

Cooling

Central air conditioning

Roof

Tar & gravel, Unknown

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

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