Land Assembly - 19 total lots. Embrace this once in a lifetime opportunity to revitalize a downtown core that is just steps from Okanagan Lake in one of Canada’s most inviting and spectacular regions. Assembled over twenty years, and now being offered for sale as a package of close to 65,000 SQFT, all C2 zoned, this is an incredible opportunity for housing, retail, hotel, restaurants, services and municipal spaces to be created in unison, resulting in a downtown core that is vibrant and innovative. The centrepiece of the package is close to 18,000 SQFT at the centre of Beach Ave. and right across from Okanagan Lake that will be the focal point of Peachland’s downtown. The entire assembly is currently leased and offers the ability to defer costs and create diverse opportunity throughout the process. Peachland is undergoing significant modernization in its vision for the downtown core and this opportunity offers the chance to work collaboratively with the District to help realize that goal. The District holds +/- 39,000 SQFT of land adjacent to the offered land, further enhancing the opportunity for partnerships and creative solutions for downtown Peachland. Some photos have been digitally enhanced to identify the properties included. the shaded areas are for reference only and should be verified. (id:2493)More details
Listed by Engel & Volkers South Okanagan and Engel & Volkers Vancouver (Branch)
Presenting a prime investment opportunity with a mixed-use industrial building offering approximately 33,784 square feet of space on a .678-acre lot, ideally located at the corner of Okanagan and Camrose Avenue in Penticton BC, just a few blocks from Main Street. This versatile property is currently utilized for self-storage, space rentals, and warehouse purposes, providing multiple revenue streams under one roof. The owner has already invested over $1,174,000 in building improvements since 2021—including the installation of an elevator, upgraded electrical systems, fire suppression, accessible washrooms, and more. The building is fully leased and the current rent roll offers an attractive, competitive cap rate, making this property an excellent addition to any investment portfolio. (id:2493)More details
Listed by Engel & Volkers South Okanagan and Chamberlain Property Group
Take advantage of this ideally located 3,000 square foot commercial/retail building located in the 200 block of Penticton's Main Street. High visibility and just 2 blocks to the lake with plenty of foot traffic from the Farmer's Market and downtown events. The C5 Zoning permits a combination of residential and commercial mix including dwelling units, tourist accommodations, brewery/distillery, health services, restaurant, retail, short term accommodation and more. This building has had a great history in Penticton, operating as a hotel, hardware store, electronics store and is ready for some TLC to prepare for its next identity. Building is being sold ""as is, where is"". (id:2493)More details
Data was last updated June 27, 2025 at 12:45 AM (UTC)
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