Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:35966)
1413 Main StreetPenticton, British Columbia, V2A5G4
Listing Details
Property Details
- Full Address:
- 1413 Main Street, Penticton, British Columbia
- Price:
- $ 2,499,000
- MLS Number:
- 10382369
- List Date:
- April 7th, 2026
- Neighbourhood:
- Main North
- Lot Size:
- 0.29 ac
Interior Features
Building Features
Floors
Land
- Lot Size:
- 0.29 ac
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
Agent: Stewart Dunbar
Office: Coldwell Banker Horizon Realty
Data provided by: Association of Interior REALTORS®
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