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. (id:4069)
Address
441 Main Street
List Price
$625,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Year Built
1950
MLS® Number
10400292
Listing Brokerage
Locke Property Management Ltd.
Postal Code
V2A5C5
