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$2,395,000
Est. payment /mo
10,392 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,392 sqft
Price per Sqft $230
Subdivision Industrial Area
MLS® Listing ID 10352705
Year Built 1975
Lot Size 0.500 Acres
Acres 0.5
Source Association of Interior REALTORS®
Property Description
This 10,392 sq. ft. two-storey building sits on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, and a secure storage facility with 85 units. The second floor is partially improved for office use and staff accommodations. Offered at a 6% CAP RATE Steel and wood construction with ICF foundation, Metal/stucco exterior with torch-on roofing (2019), 400 Amp power, HVAC, and copper plumbing, Secure key fob access, video surveillance, motion sensors, Large fenced yard with 85 self-storage units and one 24'x25' oversized unit. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. Seller may stay or vacate upon notice. This well-located industrial property in Penticton offers a unique opportunity to acquire a mixed-use, income-generating asset in the heart of an established industrial district. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. Seller may stay or vacate upon notice. Business NOT for sale only the Property. (id:24570)
Location
Province BC
Zoning Industrial
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Roof Type Unknown,Unknown
Private Pool No
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Muhamed Awada
Real Estate Agent | License ID: 4726552
Real Estate Agent License ID: 4726552