275 Okanagan Av E - Industrial FOR SALE


Penticton, BC V2A 3J8
$1,995,000 CAD
250-491-1111
275 Okanagan Av E, Penticton, BC for Sale
$1,995,000 CAD
Industrial - FOR SALE
1/28
null | 6.5% Cap Rate

275 Okanagan Av E
Penticton, BC V2A 3J8


HIGHLIGHTS

  • Offered at 6.5%+ CAP rate, featuring an income-producing mixed-use configuration
  • 10,392 sq. ft. two-storey building on a secured, fully fenced 0.5-acre site
  • Updated torch-on roofing (2019) with steel and wood structural components and ICF foundation
  • 400 Amp power, HVAC, and copper plumbing with robust security controls (key fob, cameras, motion sensors)
  • Includes 85 self-storage units and one oversized 24'x25' unit in a large fenced yard

OVERVIEW

This mixed-use, income-generating property is now available for acquisition in the established industrial area of Penticton. The property spans 10,392 sq. ft. on a fully fenced 0.5-acre parcel, delivering a rare combination of commercial, office, residential, and secure storage functionality under a single asset. It is offered at a competitive 6.5%+ CAP rate, presenting immediate cash flow with upside potential for investors or owner-operators. Constructed with durable steel and wood framing supported by an insulated concrete foundation, the building is clad in a combination of metal and stucco with a torch-on roof completed in 2019. The asset includes updated systems such as 400 Amp electrical power, HVAC, and copper plumbing. Robust security features ensure peace of mind through key-fob access, video surveillance, and motion sensors. The large fenced yard features 85 self-storage units, plus one oversized 24'x25' unit, complementing the adaptable ground-floor commercial and retail areas. The second level includes partially built-out office space and staff accommodation, allowing for flexible operational use or value-add redevelopment. Located within Penticton’s core industrial precinct, the property benefits from strategic access to regional transport corridors, business services, and surrounding amenities. Property only—business not included in sale.

FOR SALE DETAILS

PRICE

$1,995,000 CAD

PRICE/SF

$192 CAD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

-

APN/PARCEL ID

004290828

ASK ABOUT THIS PROPERTY

Steve HarveyBusiness Finders CanadaMore Info
250-491-1111

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Steve HarveyBusiness Finders CanadaMore Info
250-491-1111

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