- ©MLS 10350406
- Area 33784 sq ft
- Parkings 18
Description
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:48970) Show More
Details
- Constructed Date: 1960
- Property Type: Other
- Type: Residential Commercial Mix
- Neighbourhood: Industrial Area
Features
- Elevator
- Central air conditioning
- Security
- Sprinkler System-Fire
- Security system
- Smoke Detector Only
Location
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Data provided by: Okanagan-Mainline Real Estate Board