CONTINGENT: Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 – Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator—a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:35966)
2595 Skaha Lake RoadPenticton, British Columbia, V2A6E8
Listing Details
Property Details
- Full Address:
- 2595 Skaha Lake Road, Penticton, British Columbia
- Price:
- $ 2,400,000
- MLS Number:
- 10344403
- List Date:
- April 24th, 2025
- Neighbourhood:
- Main South
- Lot Size:
- 0.45 ac
- Year Built:
- 1999
- Taxes:
- $ 20,140
Interior Features
- Air Conditioning:
- Heat Pump, See Remarks
- Heating:
- Forced air, See remarks
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Tar & gravel, Unknown
- Zoning:
- Commercial
- Garage:
- Attached Garage
- Garage Spaces:
- 12
- Ownership Type:
- Freehold
- Taxes:
- $ 20,140
Floors
- Finished Area:
- 1075 sq.ft.
Land
- Lot Size:
- 0.45 ac
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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