1505 Main Street Penticton, British Columbia V2A 5G7

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11,453 sqft

Central Air Conditioning Other Level

$4,790,000

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, both 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:64133)


  • Property Details

    MLS® Number 10401753
    Property Type Retail
    Neigbourhood Main North
    AmenitiesNearBy Shopping
    Features Level Lot
    ParkingSpaceTotal 37
  • Building

    Constructed Date 1997
    Cooling Type Central Air Conditioning
    Fire Protection Security
    Heating Type Other
    Roof Material Tar & Gravel
    Roof Style Unknown
    Size Interior 11,453 Sqft
    Type Retail
    Utility Water Municipal Water
  • Land

    Access Type Easy Access
    Acreage No
    Land Amenities Shopping
    Landscape Features Level
    Sewer Municipal Sewage System
    Size Frontage 145 Ft
    Size Irregular 0.7
    Size Total 0.7 Ac|under 1 Acre
    Size Total Text 0.7 Ac|under 1 Acre

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.