1505 Main Street
Penticton, British Columbia
MLS® 10391746
$4,790,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 10391746
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1997
1 / 25Listing description
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, most of the 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.
Property summary
- MLS® number
- 10391746
- Property type
- Retail
- Building type
- Retail
- Square footage
- 11,453 sq ft
- Land size
- 0.7 acres
- Built in
- 1997
- Annual property taxes
- $26,823.00
- Parking
- 37 spaces
- Days on market
- 56 days
Features & details
- Heating
- Other
- Cooling
- Central air conditioning
- Lot features
- Level lot
What would this home cost you?
Based on the $4,790,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Stilhavn Real Estate Services, Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.