354 Main Street Penticton, British Columbia V2A 5C3
$2,099,000
Amazing investment opportunity in the heart of the City of Penticton’s downtown core. This mixed use building features 2 commercial units on the ground floor with 4 residential units above. The building is located in the 300 Block of downtown and enjoys high volume traffic. The building has been extensively upgraded and renovated. The two commercial unit tenants are Vitamin King and Just 4 Fun. Vitamin King has 3,000 sqft and has just signed a lease extension for 5 years. Vitamin King is a long-term tenant and has been in the building since 1992. Just 4 Fun is an existing new business that has been the building since 2022 and has 2,556 sqft. 2 of the 4 residential units have been renovated and monthly rent increased accordingly. There are still great upsides in the 2 unrenovated residtial units. Call to inquire today on this great investment opportunity. (id:46227)
Property Details
| MLS® Number | 10323611 |
| Property Type | Other |
| Neigbourhood | Main North |
Building
| Constructed Date | 1940 |
| Exterior Finish | Stucco |
| Heating Type | Hot Water |
| Roof Material | Other |
| Roof Style | Unknown |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27392759/354-main-street-penticton-main-north
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October 25 2024 05:52:25
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty