Seize the opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two fully leased units with invested tenants. 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (id:2493)
Property Type:
Retail
Common Interest:
Freehold
Total Living Area:
1,300 sq. ft.121 m2
Taxes:
$8,261.96 /
-
Community:
Main North
Exterior Features:
Wood, Brick, Stucco
Structure Type:
Retail
Half Bathrooms:
0
Roof:
Other, Unknown
Cooling:
Central air conditioning
Fireplace:
No
Heating:
Forced air
Roof Style:
Other, Unknown
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
3,049 sq. ft.283 m2
Lot Details:
0.07
Total Parking Spaces:
1
Great downtown location with plenty of foot traffic
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.