Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 - Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. New roof in 2026! The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator-a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:13843)
| MLS # | 10395582 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Days On Site | 94 |
| Listing Provided By | eXp Realty | Tricia Radcliffe |
| SQ Feet | 1,075 |
|---|---|
| Garage | 12 |
| Acreage | 0.45 |
| Cooling | Heat Pump, See Remarks |
|---|---|
| Heating | Forced air, See remarks |
| Fireplace Yes / No | No |
| Roof | Tar & gravel, Unknown |
|---|
| Parking Features | Attached Garage |
|---|---|
| Parking Total | 12 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 23293 |
|---|
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A6E8 |
| Listing VS Median (in V2A6E8) | |
Price: $2,350,000 low | high Med: $2,350,000 sqft: 1,075 low | high Med: 1,075 $ / sqft: $2,186 low | high Med: $2,186 On site: 94 low | high Med: 94 | |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A6E8 |
| Listing VS Median (in V2A6E8) | |
Price: $2,350,000 low | high Med: $2,350,000 sqft: 1,075 low | high Med: 1,075 $ / sqft: $2,186 low | high Med: $2,186 On site: 94 low | high Med: 94 | |