Excellent opportunity for business owners, investors, or automotive professionals! This approximately 2,400 sq. ft. commercial building is ideally situated on a 66' x 132' corner lot in a high-traffic, high-visibility location. The building features two large bay doors (10' x 10' and 12' x 14'), making it particularly well suited for an auto body shop, mechanic, service-related business, or trades operation.The property also offers a newer paved parking lot, convenient outdoor storage space, and excellent access for customers, employees, and service vehicles. With Village zoning permitting a variety of potential uses, this versatile property provides an excellent opportunity for an owner-operator or investor looking for a highly visible location with plenty of functionality. Bring your business plans and explore the possibilities this well-positioned commercial property has to offer! (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
AN IMPRESIVE 10%+ CAP RATE INVESTMENT AND DEVELOPMENT OPPERTUNITY in the heart of Princeton! Generating approx. $12,000/month from 9 units, this property delivers strong cash flow with a significant upside. An additional approx. 3000 sq ft of unused space on the second floor provides further income potential. Extensive upgrades include new plumbing throughout, updated electrical with 7 individual meters, plus new flooring and paint in most units. Many suites have kitchen and bathroom upgrades as well.The development upside is a huge bonus, initial conceptual drawings have been complete and initial discussions with town have been conducted with huge support. Princeton is a pro development community experiencing major growth, with new builds up to 6 storeys. There is a sever housing shortage and the vacancy rate is below 1%, Princeton is quickly becoming a market for developers and investors. Strong income and incredible future value. (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
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
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
Introducing 43 and 83 Calgary Avenue Apartments, a very special 55+ collection centrally located in Penticton, just steps from all essential amenities, offering safe and convenient senior rental living. Both buildings are in excellent condition and together comprise 46 units: 3 studios, 17 one-bedroom, and 24 two-bedroom apartments, each featuring pleasant and highly desirable layouts. Thanks to its prime location and the distinctive appeal of a 55+ community, this property represents a rare opportunity for investors seeking stable, high-demand rental housing. Suites lease quickly upon availability, providing consistent income and an opportunity to adjust rents to market levels. (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
1,486 SF industrial building located in Penticton's established industrial area and zoned M1- General Industrial, offering excellent flexibility for a variety of industrial and commercial users. Constructed of durable concrete, the building features 16-foot ceilings, an efficient warehouse/shop layout with a small mezzanine, washroom, and grade-level loading through an 8' by 12' overhead door. The fully fenced property includes three on-site parking stalls. Currently occupied by a month-to-month tenant, the property offers immediate holding income while allowing flexibility for future owner occupancy or investment. (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
Exceptional commercial opportunity on a fully fenced 0.466-acre lot. M1 Zoning, light industrial, allows for many uses. This versatile property features a 1615 sq. ft. shop with dedicated office space, one bathroom, and 3-phase power, making it ideal for a wide range of commercial or industrial operations. Significant upgrades include a newer heating and cooling system, a newer water service line, and a newer sewer connection, providing peace of mind and reducing future capital costs. The secure yard offers excellent space for equipment, vehicle storage, or outdoor operations. This well-maintained property is ready for your business or investment portfolio. Contact the listing representative today for more information. Realtor is owner of property. (id:2493)More details