1505 Main Street, Penticton
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, both 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. (id:1945)
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Property details for 1505 Main Street, Penticton
- Type
- Commercial
- Living Area
- 11,453 square feet
- Lot Size
- 0.7
- Heating
- Other
- Cooling
- Central air conditioning
- Annual Taxes
- $25,510
Nearby Listings Stat
Estimated price and comparable properties near 1505 Main Street
Active Listings
291
Min Price
$250
Max Price
$9,290,000
Avg Price
$780,621
Days on Market
124
days
Sold Listings
69
Min Sold Price
$49,999
Max Sold Price
$1,899,000
Avg Sold Price
$683,964
Days until Sold
115
days
Neighbourhood Census Data
Penticton, British Columbia / Colombie-Britannique
Population
701
Median Age
56.6
Median Income
$28,928
Dwelling Value
$399,585
Housing Tenure
Owners 72%
Renters 30%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 2,498.2/km²
Avg Shelter Cost: $1,058/mo
Owners with Mortgage: 61.8%
Owners Spending 30%+: 11.8%
Tenants Spending 30%+: 38.5%
English only: 92.8%
English and French: 7.2%
Median Household Income: $58,752
Median Employment Income: $28,224
Price History
Listed
September 29, 2026
by Stilhavn Real Estate Services
Current Price
$4,790,000
Type
Commercial
For Sale