284 Main Street, Penticton

284 Main Street, Penticton, BC V2A5B2 Photo 1

78 Photos

284 Main Street, Penticton, BC V2A5B2 Photo 2
284 Main Street, Penticton, BC V2A5B2 Photo 3
284 Main Street, Penticton, BC V2A5B2 Photo 4
284 Main Street, Penticton, BC V2A5B2 Photo 5
284 Main Street, Penticton, BC V2A5B2 Photo 6
284 Main Street, Penticton, BC V2A5B2 Photo 7
  • MLS®: 10305273
  • Type: Commercial
  • Added: 61 days ago

Property Details

Amazing investment opportunity in downtown Penticton. This hard-to-find investment is fully leased with 4 long term tenants with long term leases in place. All the leases are triple net leases. The exterior is done in a French colonial style and the building is 10,607 sq ft. Updates include a new roof and new mechanical systems in 2018, updated electrical as well as the ECORA space on the second floor was renovated along with the lab on the ground floor. City of Penticton completely renovated and upgraded their space when they moved in and is now home to Bylaw Enforcement. Located on the corner of Main St and Nanaimo Ave East the Blenz Coffee shop is a hub of activity and a destination, meeting point, and landmark of Downtown Main Street. Urge 3 Tattoo has exposure off of Nanaimo Ave E. The combined NOI for 2024 will be $198,894 Wwith a CAP rate of 6.6% (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Cooling: Central air conditioning
  • Heating: Forced air
  • Utilities: Water, Sewer, Natural Gas, Electricity, Telephone
  • Year Built: 1959
  • Current Use: Mixed use
  • Photos Count: 78
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 024-792-446
  • Structure Type: Residential Commercial Mix
  • Common Interest: Freehold
  • Tax Annual Amount: 30020.05
  • Lot Size Dimensions: 0.13
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Nearby Places

Name Type Address Distance
Fibonacci Roastery & Café Meal takeaway 219 Main St 0.1 km
Burger 55 Restaurant 85 Westminster Ave E 0.2 km
Spiros Cubby Hole Restaurant 130 Westminster Ave W 0.2 km
The Dream Cafe Cafe 67 Colourful Front St 0.2 km
Isshin Sushi Bar & Asian Dining Restaurant 151 Front St 0.4 km
Hooded Merganser Restaurant Restaurant 21 Lakeshore Dr W 0.4 km
Lake City Casino Penticton Cafe 21 Lakeshore Dr W 0.4 km
Penticton Lakeside Resort, Convention Centre & Casino Restaurant 21 Lakeshore Dr W 0.4 km
Lachi Restaurant 510 Main St 0.4 km
The Bench Artisan Food Market Meal takeaway 368 Vancouver Ave 0.6 km
Murray's Pizza & Pasta Penticton Store 625 Main St 0.6 km
Theo's Restaurant Restaurant 687 Main St 0.7 km
Similar Commercial listings Stat in Penticton
We have found 6 Commercial that closely match the specifications of the property located at 284 Main Street with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 1,898,000 and 2,900,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the V2A5B2 postal code area of Penticton British Columbia Canada.

Demographic Information

Neighbourhood Education

Master's degree 20
Bachelor's degree 80
University / Below bachelor level 35
Certificate of Qualification 35
College 100
University degree at bachelor level or above 105

Neighbourhood Marital Status Stat

Married 275
Widowed 55
Divorced 100
Separated 25
Never married 160
Living common law 70
Married or living common law 340
Not married and not living common law 340

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 35
1991 to 2000 30
2001 to 2005 35
2006 to 2010 150
1960 or before 110
Comparison of 284 Main Street, Penticton, BC with Nearby Commercial listings
Nearby Cities Listings Avg. price
Okanagan Falls 69 $1.065.472
Summerland 139 $1.362.245
Peachland 53 $1.356.794
Naramata 77 $1.392.182
Oliver 141 $859.399
West Kelowna 411 $943.187
Osoyoos 401 $693.357
Kelowna 1397 $1.125.085
Popular Cities Listings Avg. price
Vernon 848 $830.123
Kamloops 722 $780.874
Mission 307 $1.291.986
Chilliwack 557 $1.050.041
Maple Ridge 674 $1.477.724
Abbotsford 683 $1.405.092
Langley 987 $1.835.976
Surrey 2524 $1.681.692
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