This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, most of the roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:35966)
1505 Main StreetPenticton, British Columbia, V2A5G7
Listing Details
Property Details
- Full Address:
- 1505 Main Street, Penticton, British Columbia
- Price:
- $ 4,790,000
- MLS Number:
- 10391746
- List Date:
- July 3rd, 2026
- Neighbourhood:
- Main North
- Lot Size:
- 0.7 ac
- Year Built:
- 1997
- Taxes:
- $ 26,823
Interior Features
- Air Conditioning:
- Central air conditioning
- Heating:
- Other
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Tar & gravel, Unknown
- Garage Spaces:
- 37
- Taxes:
- $ 26,823
Floors
- Finished Area:
- 11453 sq.ft.
Land
- Lot Size:
- 0.7 ac