1070 Lakeshore Dr W - Residential Income CONDO FOR SALE


Penticton, BC V2A 1C1
$2,650,000 CAD
1070 Lakeshore Dr W, Penticton, BC for Sale
$2,650,000 CAD
Residential Income CONDO - FOR SALE
1/11
null | Request Cap Rate

1070 Lakeshore Dr W
Penticton, BC V2A 1C1


HIGHLIGHTS

  • Located directly across from Okanagan Beach with unparalleled exposure and lake views.
  • Situated in a thriving tourism hub within walking distance to restaurants, shops, and major attractions.
  • Flexible open-concept layout with kitchenette and washroom, suitable for custom build-outs.
  • C3 Mixed Commercial zoning allowing for diverse business applications.

OVERVIEW

This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users. Spanning 3,407 SF on the main floor of retail space. C3 Mixed Commercial zoning supports a diverse range of uses, including retail, hospitality, service, and professional offices. The property also offers rare expansion potential with the opportunity to acquire the remaining strata units in the building, creating options for full-building control and strategic consolidation.

FOR SALE DETAILS

PRICE

$2,650,000 CAD

PRICE/SF

$778 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

3,407 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,253 SF

ZONING

C3 - Mixed Use Commercial

APN/PARCEL ID

025-826-239

ASK ABOUT THIS PROPERTY

Lindsey TermulHM Commercial GroupMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Lindsey TermulHM Commercial GroupMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.