$ 2,500,000

498 Ellis Street, Penticton

An exceptional opportunity to own a prime commercial office building in downtown Penticton! This well maintained building boasts a total of 15,254 square feet of leasable space, situated on a generous 0.172 acre lot. Featuring a diverse mix of individual work areas and communal spaces this property offers a versatile layout suitable for various business endeavors such as a law office or accounting firm. The main floor encompasses 5,897 square feet of leasable space, while an additional 5,881 square feet are available on the upper level plus 3,476 in the basement. This property has undergone recent upgrades including improvements to the HVAC, boiler system pumps, new hot water tank, new sump pump, and upgraded furnace. Strategically positioned on a corner lot and zoned C5 in the heart of the downtown core, this property offers excellent visibility and accessibility. Measurements taken from i-Guide. Contact the listing agent for a viewing. (id:1945)
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Property details for 498 Ellis Street, Penticton

Type
Commercial
Living Area
15,254 square feet
Lot Size
0.17
Parking
Street
Heating
Forced air, Electric, See remarks
Cooling
See Remarks
Exterior
Brick
Annual Taxes
$23,230

Nearby Listings Stat

Estimated price and comparable properties near 498 Ellis Street

Active Listings
225
Min Price
$250
Max Price
$9,290,000
Avg Price
$848,478
Days on Market
106
days
Sold Listings
43
Min Sold Price
$192,500
Max Sold Price
$2,550,000
Avg Sold Price
$793,033
Days until Sold
124
days

Price History

Listed
April 14, 2026
by RE/MAX Penticton Realty
Current Price
$2,500,000
-7.2% from last change
Type
Commercial
For Sale
Price Changes
2
Date Price Change
Current $2,500,000 $195,000 (-7.2%)
Jun 25, 2026 $2,695,000 $55,000 (-2%)
Jun 9, 2026 $2,750,000 Listed

Contact Agent Get in touch about 498 Ellis Street, Penticton

Ernie Sheridan
Ernie Sheridan
RE/MAX Penticton Realty