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 |