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:2493)More details
Visit REALTOR website for additional information. RM2 development opportunity in central Penticton with High Density Residential OCP designation. This flat 0.31-acre parcel offers approximately 13,500 sq. ft. of land with approximately 21.58 m of frontage and is improved with an existing owner-occupied single-family home currently served by municipal services. Permitted uses in the RM2 zone include low-density multiple housing forms such as apartments, cluster housing and townhouses, subject to City of Penticton requirements and approvals. Located within Transit-Oriented Area 2, the property is close to Main Street amenities, transit, schools, recreation and the KVR Trail. Offered as-is and primarily for land value, this is a well-located opportunity for builders, developers and investors planning a future residential project in Penticton. Buyer to independently verify zoning, permitted uses, density, parking, servicing capacity, geotechnical requirements, development costs, title matters and redevelopment potential with the City of Penticton and applicable authorities. (id:2493)More details
WATERFRONT DEVELOPMENT OPPORTUNITY! Approx. 20,000 sq ft waterfront property with plans underway for an exciting mixed use building featuring commercial on the main floor and 27 residential units above. A strong potential candidate for CMHC rental financing, which, subject to qualification would finance 95% of all project cost including land, construction and costs. The town is very supportive of our conceptual plan, the requires ripearian syudy has been completed and the project nearing DP application. While moving forward the existing building has one tenant with the opportunity to rent out 3 more. A rare chance to secure a waterfront development site with significant preliminary work already completed! Call today for plans, details and further information. (id:2493)More details
Time to bring your business to the heart of Summerland! Located right in the downtown core, this versatile commercial space offers the opportunity to turn your vision into reality. With over 1,960 sq. ft. of retail and office space, there is plenty of room to create a layout that works for your business and make the space your own. Whether you’re looking for a new retail storefront, professional office space, showroom, or a combination of uses, the flexible layout gives you options to work with. The basement provides plenty of additional room for storage, inventory and supplies, helping keep the main level focused on your customers and day-to-day operations. Front and rear entrances provide convenient access, while the central downtown location puts your business in the middle of Summerland’s shops, services and local activity. An added bonus, the electrical was updated in late 2024 to meet City compliance requirements. Bring your ideas, bring your business, and make this downtown Summerland space your own! (id:2493)More details
Located in the heart of Downtown Penticton situated on a five corner intersection, Front Street , Main Street , Backstreet Blvd, Westminister Ave. Property has two street addresses, sitting on four lots. Lots of potential for use and future developement. Best location in town! Two major financial institutions on the adjacent corners. Plenty of potential for retail, health services, restaurant , daycare, office , etc and/or future development. Tenants are on a month to month tenancy. Building and land only for sale. (id:2493)More details
Business asset sale of a Provincially Licensed Liquor Retail Store. In business since 2022, Sonora Spirits Co. has established itself as a successful, community supported business with strong brand recognition and a legion of loyal and consistent customers. This is an opportunity to acquire 100% of the business assets including POS terminals & computer, walk-in cooler refrigeration unit, stand-alone cooler units, merchandiser units and other business chattels. Also included in the sale is the remainder of a 49-year lease (expiring Feb 2071) to a 900 SF retail unit in a quick stop, service centre with a high-volume Gen7 gas station & convenience store and a cannabis store. Prominent location fronting Highway 3, one of the major arterial routes in Osoyoos, BC. This is major traffic area close to Spirit Ridge Resort, Nk’Mip Campground and nearby attractions, and provides excellent visibility and consistent foot traffic, ensuring a steady customer flow. Inventory is included at an additional cost to be determined at date of sale. Full financial information available with a signed CA. BREAKING - Further market share potential through a brand-new BC Government Program allowing licensed establishments in BC (restaurants, bars, pubs) to buy alcohol directly from private liquor stores (id:2493)More details
This newly built commercial property in the Oliver Industrial Center offers high-quality construction and versatile space suitable for a wide range of uses. Built with insulated concrete form (ICF) walls and soaring 18-foot ceilings, the property consists of two well-designed buildings. The first building is approximately 5,000 sq. ft. and was previously used as a large laser tag facility. The free-span space is ideal for a multitude of uses and is rated F2 under the BCBC. It also features a spacious lobby and reception area, two washrooms, and a conference room. A storage bay with a garage door provides convenient storage, and an additional garage door is roughed into the lobby’s exterior wall for future versatility. The second building is 2,100 sq. ft. and designed as a warehouse-style space. It includes three 12-foot-high garage doors, a large open work area, a washroom, a storage section, and a loft with an office. Rear alley access allows for easy entry and provides additional parking. The current owner occupies this building and is willing to enter into a secure long-term lease if beneficial to the new owner. Offered below the most recent commercial appraisal value, this property presents an excellent opportunity for passive income or an end user. Call the listing agent for a detailed package. (id:2493)More details
Opportunity to purchase an established gas station and convenience store business in a high-traffic location near the lake. The business includes fuel sales, convenience retail, food service, propane, and a car wash. Business only for sale; land and building are not included. (id:2493)More details
Position your business for success with this one-of-a-kind commercial property in the vibrant heart of downtown Princeton. Ideally situated adjacent to Veterans Square, Town Hall, and surrounded by a variety of thriving local businesses. This highly visible location offers exceptional exposure in one of the community's busiest commercial areas. Full of character and charm rarely found in commercial properties, this unique building sits on a generous double lot with convenient lane access, on-site parking, and outstanding functionality. The thoughtfully designed interior features four private offices, open workspace, gorgeous reception entrance, two washrooms, a full kitchen, abundant storage, and versatile bonus space to accommodate a wide range of business opportunities. Excellent signage enhances your visibility and presence. Princeton continues to experience exciting growth and development, making this an outstanding opportunity to invest in a flourishing community with a bright future. Don't miss your chance to own one of Princeton's most unique commercial properties. (id:2493)More details
Held in the family for over 50 years, these two commercial buildings situated on Main Street in downtown Summerland are being sold as a package! This investment opportunity consists of four retail/service leases with the current gross revenue of $87,480 (plus GST) on an annual basis and excellent tenants in place that would like to do business for the long term. Approximately 65 feet of prime Main Street frontage and zoning that allows for multiple uses including residential above for future re-development. Phase 1 Environmental Report has been completed. The Seller may carry financing, see the listing agent for more information. (id:2493)More details
**LIMITED TIME OFFERING** Previously listed at $1,599,000; now offered at $1,549,000. PRICED TO SELL. Rare opportunity to acquire a fully leased, income-producing commercial property in the heart of downtown Summerland at 9901 Main Street. This mixed-use asset comprises approximately 5,244 SF with five commercial tenants in place, including two ground-floor retail units and three office tenants, providing a diversified and stable income stream. Offered at an attractive approximate 6.3% capitalization rate, the property delivers immediate cash flow with future upside through rental growth, as select tenancies offer the ability to increase rents toward market over time. An excellent opportunity for investors seeking a fully stabilized, low-maintenance commercial asset in a supply-constrained downtown market with long-term appreciation potential. (id:2493)More details
Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 – Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. New roof in 2026! The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator—a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:2493)More details