South Okanagan Commercial

328 NANAIMO Avenue W in Penticton: Multi-family for sale : MLS®# 10375800

328 NANAIMO Avenue W Penticton V2A 1N7

$2,890,000

Multi-family

Status:

Active

MLS® Num:

10375800

Welcome to a rare investment opportunity in the heart of beautiful downtown Penticton. This well-maintained 11-unit apartment building sits on three separate titles and offers a strong, diversified unit mix: 7 one-bedroom suites, 3 two-bedroom suites, and 1 studio apartment. Currently generating a 4.71% cap rate, this property provides immediate, stable returns with future upside potential. A major highlight of this offering is the 2.7% assumable CMHC-insured mortgage (OAC) — an exceptional financing opportunity in today’s market that significantly enhances cash flow and overall return on investment. Each unit features its own private deck or patio—perfect for enjoying the renowned Okanagan weather. The building has seen numerous updates over the years, including a new roof in 2019. All suites are equipped with newer hot water tanks, air conditioning, and individual electric meters, with tenants paying their own hydro—helping to keep operating costs in check. Additional highlights include convenient coin-operated laundry and the benefit of a long-term live-in caretaker who manages the day-to-day operations, making this a truly turnkey investment. With stable, long-term tenants in place and rents currently below market value, this very clean and easy-to-manage property offers solid cash flow today and excellent upside potential for investors looking to expand their portfolio in one of Penticton’s most desirable locations. (id:2493) More details

Listed by Chamberlain Property Group

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

341 HAYNES Street in Penticton: Multi-family for sale : MLS®# 10375774

341 HAYNES Street Penticton V2A 5S1

$2,299,000

Multi-family

Status:

Active

MLS® Num:

10375774

Exceptional multi-family investment opportunity in the heart of downtown Penticton. This 12-unit apartment building offers a well-balanced suite mix consisting of 3 bachelor units, 1 bachelor plus den, and 8 one-bedroom units—appealing to a broad tenant demographic. The property benefits from long-term tenancy and consistent income performance, with a current CAP rate of 5.21%. A roof replacement completed in 2021 enhances the building’s overall stability and reduces near-term capital expenditure risk. Strategically located within walking distance to Okanagan Beach, the downtown core, restaurants, pubs, and the South Okanagan Events Centre, this asset sits in a highly desirable rental corridor with strong, sustained demand. An excellent holding property with stable cash flow and future rental upside potential in one of Penticton’s most walkable and vibrant neighbourhoods. Contact the listing representative for a detailed financial package and additional due diligence information. (id:2493) More details

Listed by Chamberlain Property Group

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

618 7th Avenue in Keremeos: Retail for sale : MLS®# 10375601

618 7th Avenue Keremeos V0X 1N0

$375,000

Retail

Status:

Active

MLS® Num:

10375601

Build. Type:

Retail

Floor Area:

2,795 sq. ft.

Prime commercial spaces located right in downtown Keremeos, featuring two individual businesses leasing the ground floor. Each business benefits from dedicated parking, as well as one spot allocated for the apartment above and a dedicated lane for loading and unloading. The upstairs apartment boasts 12-foot ceilings, a spacious bathroom with laundry facilities, and an open kitchen and living area. It includes one bedroom and a fantastic covered deck at the back, with convenient access from Main Street via a lovely staircase. The current tenants are eager to stay, each with their own power meter and responsible for their own bills. This property offers three income streams, or you can occupy one of the commercial spaces, or the apartment, while enjoying two mortgage helpers. (id:2493) More details

Listed by Royal Lepage Locations West

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

322 Main Street in Penticton: Retail for sale : MLS®# 10374765

322 Main Street Penticton V2A 5C3

$634,900

Retail

Status:

Active

MLS® Num:

10374765

Build. Type:

Retail

Floor Area:

2,600 sq. ft.

Seize this opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., and offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two 1300 sqft. leased units with invested tenants. 322 Main is being renovated to house an upscale dog grooming and retail boutique and 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The C5 Zoning permits a combination of residential and commercial mix includingdwelling units, tourist accommodations, brewery/distillery, health services, restaurant, retail, short term accommodation and more.The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (id:2493) More details

Listed by Engel & Volkers South Okanagan

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

9901 Main Street Street in Summerland: Retail for sale : MLS®# 10374366

9901 Main Street Street Summerland V0H 1Z0

$1,599,000

Retail

Status:

Active

MLS® Num:

10374366

Build. Type:

Retail

Floor Area:

5,244 sq. ft.

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. The property is ideally positioned on Main Street, directly across from the Summerland Library, Memorial Park, and Summerland Secondary & Middle School, benefiting from strong visibility, walkability, and consistent pedestrian traffic driven by surrounding civic and educational uses. 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

Listed by Venture Realty Corp.

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

1848 MAIN Street Unit# 148 & 150 in Penticton: Retail for sale : MLS®# 10372499

1848 MAIN Street Unit# 148 & 150 Penticton V2A 5H3

$185,000

Retail

Status:

Active

MLS® Num:

10372499

Build. Type:

Retail

Seize the Opportunity to own Highly Profitable, low-waste market in a Prime location! The Local Motive Low-Waste Market offers 3,326 sq. ft. of retail space and an additional 1,380 sq. ft. of shared indoor public dining area. The fully stocked storefront includes a display cooler and walk-in cooler, a fully vented food-safe kitchen, a POS sales system, complete store shelving, office space, dry goods storage, a micro-greens growing room, and a staff bathroom with a shower. The kitchen service presents ample opportunities for expansion, making this business ready for growth. As a Farmer Direct store, Local Motive Low-Waste Market is dedicated to providing high-quality local and organic groceries with minimal to Zero Waste Packaging. Our Network features Unique Fresh Produce, Bulk foods, and hygiene products. THIS IS A BUSINESS SALE AND DOES NOT INCLUDE THE BUILDING, THE BRAND NAME LOCALMOTIVE, THE CSA BOX DELIVERY SERVICE, OR WWW.LOCALMOTIVE.CA. Explore your new business with our immersive 3D tour. Contact listing realtor for an NDA and detailed information package. (id:2493) More details

Listed by RE/MAX Kelowna

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

6203 Willow Avenue in Summerland: Hospitality for sale : MLS®# 10371641

6203 Willow Avenue Summerland V0H 1Z4

$6,950,000

Hospitality

Status:

Active

MLS® Num:

10371641

Floor Area:

10,340 sq. ft.

SunOka Apartments is a 25-unit multifamily complex located in the Trout Creek area of Summerland. The property consists of two buildings constructed in 2008, each two storeys in height. All suites include either a balcony or a patio, and the site is equipped with two EV charging stations. The complex contains a total of 25 rental units, including nine one-bedroom suites and sixteen studio suites. Several of the one-bedroom units include Murphy beds, and all studio units are equipped with queen Murphy beds. The property is typically fully occupied and generates excellent monthly income. The property is situated in the Trout Creek neighbourhood of Summerland, close to parks, beaches, wineries etc. This is an excellent Okanagan Opportunity. Call your agent and get the details. (id:2493) More details

Listed by RE/MAX Kelowna

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

5966 SAWMILL Road in Oliver: Industrial for sale : MLS®# 10370777

5966 SAWMILL Road Oliver V0H 1T9

$1,750,000

Industrial

Status:

Active

MLS® Num:

10370777

Build. Type:

Other

Floor Area:

6,702 sq. ft.

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

Listed by Chamberlain Property Group

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

193/199 Vermilion Avenue in Princeton: Retail for sale : MLS®# 10369470

193/199 Vermilion Avenue Princeton V0X 1W0

$1,100,000

Retail

Status:

Active

MLS® Num:

10369470

Build. Type:

Retail

Floor Area:

7,200 sq. ft.

Well established parts and equipment repair business operating for over 50 years, located in the heart of Princeton, B.C. 7200 square foot building offers a wide selection of quality auto parts, heavy-duty parts, and outdoor supplies. Specialized services including small engine repair and maintenance, hydraulic hose assembly and repair, as well as chain sharpening services. Repair shop specializes in lawn and garden power equipment, servicing both 2-stroke and 4-stroke engines. Warranted supplier/dealer for Honda, STIHL, HUSQVARNA, and Briggs & Stratton. Financial Information available upon signed NDA. (id:2493) More details

Listed by Business Finders Canada

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

117 Vermillion Avenue in Princeton: Multi-family for sale : MLS®# 10370731

117 Vermillion Avenue Princeton V0X 1W0

$899,000

Multi-family

Status:

Active

MLS® Num:

10370731

Unlock the full potential of your investment with this expansive commercial building in Princeton, BC. Nestled in a prime location, this property boasts a captivating frontage, offering a canvas for diverse business ventures. Featuring six existing residential tenants, and 3 commercial space, it already establishes a steady income stream. Seize this chance to capitalize on this property. The layout's versatility allows for multiple investment streams, making it an attractive proposition for businesses seeking high visibility and foot traffic. With an eye-catching facade, this property not only captures attention but also presents a unique opportunity for significant return on investment. Don't miss out on this chance to secure a lucrative investment in a prime location with unparalleled ROI prospects. The property is bringing in over $10,000 for rental income... Contact us now to explore the myriad possibilities awaiting you in this dynamic Princeton locale. (id:2493) More details

Listed by Royal LePage Kelowna

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

7414 97 Street in Osoyoos: Hospitality for sale : MLS®# 10370254

7414 97 Street Osoyoos V0H 1V5

$1,875,000

Hospitality

Status:

Active

MLS® Num:

10370254

Floor Area:

7,500 sq. ft.

Opportunity to purchase the Boundary Motel, a unique investment opportunity in the Osoyoos area of the South Okanagan! This prime 1.72-acre property in Osoyoos offers a unique investment opportunity with multiple income streams. The property includes a 14-room motel, a 6-plex, and 7 mobile home pads. The motel and 6-plex are zoned C1 (Highway Commercial) while RSM (Residential Manufactured Home Park) zoning encompasses the manufactured home section. The site is serviced by city water and sewer and is located in a high-traffic area along Highway 97 to the South of the primary town of Osoyoos. At the asking price, the property is offered at a 6.95% cap rate, which includes a manager's salary as an expense. For the right investor, this could be an opportunity to continue the existing cash flow of the property and take advantage of lowering interest rates, all being possible without running the motel in a ""hands-on"" way. Several opportunities exist to further increase the property's income stream. Modernizing booking systems, leveraging high season pricing, and renovating the motel, to name a few. Likewise, there is an upside for the manufactured home rents to be increased with tenant turnover. The manufactured homes themselves are not included as assets; they are owned by the tenants. Properties with three separate revenue streams do not often come to market. (id:2493) More details

Listed by Sotheby's International Realty Canada

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email

9200 Shale Avenue in Summerland: Industrial for sale : MLS®# 10370327

9200 Shale Avenue Summerland V0H 1Z2

$1,875,000

Industrial

Status:

Active

MLS® Num:

10370327

Build. Type:

Other

Floor Area:

6,500 sq. ft.

For more information, please click Brochure button. Flexible multi-use property on a large 0.72 acre lot in Summerland. Industrial zoning permits many commercial uses, including a residential unit. Two separate buildings totaling approximately 6500 sq ft, with substantial renovations completed in 2015. Building #1 is two-storey with an industrial/commercial lower level & residential upper level, both with separate entrances. Main floor is approximately 2400 sq ft with 10ft ceilings, 30H bay doors at grade, kitchen, 4-piece bath, laundry, and wood stove. Second floor is bright 2200 sq ft area with three bedrooms, two full baths, granite kitchen, laundry, A/C, RO water, deck off front and large deck off back. Building #2 is approximately 1900 sq ft Steel Quanset-style insulated shop with concrete floor, water, closet, utility sink, power, electric heat, air conditioning, 10 x 10 OH door at grade. Property is fenced and upper storage compound is accessible by a service road. Lot is paved and offers lots of parking, with room for further development. (id:2493) More details

Listed by Easy List Realty

LISTING DETAILS

CARLO GIUSTO Personal Real Estate Corporation
RE/MAX KELOWNA
1 (250) 801-2129
Contact by Email