EXCELLENT INVESTMENT OPPORTUNITY! Commercial Building for sale in downtown Summerland. Current tenant - Happy House Chinese Restaurant Ltd. - has lease to September 1, 2029. Square Footage is approximately 2450 in total on the main floor, approximately 1580 square feet being the restaurant portion, which includes the commercial kitchen, dining area, and two two-piece customer washrooms. The remainder of the main floor at the back of the building consists of a three-piece bathroom, storage, and assorted rooms. The part basement is used for storage only. Building is being sold on an as-is basis, with current lease in place. Please contact the Listing Agent for more information and to view. Viewing times are limited due to the operation of the restaurant. (id:2493)More details
Exceptional opportunity to own a well-maintained 7,500 sq. ft. commercial building in the heart of Oliver, BC! Situated on Highway 97, this high-exposure property features approximately 6,000 sq. ft. of rentable space with multiple stable tenants on long-term leases. Extensively updated over the past decade; upgrades include rooftop HVAC units, split AC, electrical, plumbing, and roofing. With a strong tenant mix and a cap rate over 6%, this is a solid investment in a growing community. Don't miss this chance to own a turnkey commercial asset in Canada’s Wine Capital! (id:2493)More details
Welcome to your new business opportunity in the heart of downtown Princeton! This spacious 3,800 square-foot commercial building, located on the bustling Vermillion Avenue, is perfect for a variety of retail services and businesses. The prime location ensures maximum visibility for your storefront, situated in a vibrant area with high foot traffic. The expansive layout allows for flexible configurations to suit your business needs, whether you’re planning a retail store, service centre, or office space. Equipped with a kitchen and laundry room, this property is ideal for businesses requiring these amenities. It currently features one bathroom, with ample room to add a second for staff and customer convenience. A dedicated workshop area at the back provides the perfect environment for storage or operational needs, and there’s convenient loading access at the back of the building, making it easy to receive supplies and manage deliveries. With numerous modern updates, the building ensures a comfortable and functional environment for both employees and customers. Don’t miss this chance to establish or expand your business in a prime downtown location! (id:2493)More details
Rare Commercial Building & Business Opportunity in Downtown Summerland. A unique chance to own a prime commercial building & a thriving, well-established business in the heart of Summerland. Ideally located on Main St, this property boasts one of the best locations in town, with a rich history of successful bakeries dating back to the 1940s. Spanning two titles, this versatile property offers 2,589 sq. ft. of commercial space on the main level, currently operating as the highly successful Summerland Bakehouse Co. Ltd.—a staple in the community for over 12 years. This turnkey business sale includes everything you need (excluding the name ""True Grain""), providing a seamless transition for new ownership. Above the bakery, a spacious 2,161 sq. ft. residential apartment features 5 bedrooms, 2 bathrooms, a large living room, dining area, kitchen, laundry room, & a private back deck. With multiple possibilities, the upper unit could remain a rental property or explore the potential to convert into residential units for increased income potential. Additional highlights include - ample open parking at the back with laneway access, high-traffic downtown location with excellent visibility & foot traffic, proven track record of success. Don’t miss this rare opportunity to own both a landmark building & a thriving business. Contact the listing Realtor today for more details, a complete listing package & to schedule your private viewing. Duplicate Listing. (id:2493)More details
Amazing investment -- 1268 sq.ft ground floor unit recently vacant and is offered for sale or for Lease!. This opportunity is amazing either as a Landlord or a Tenant!! The lease is offered at $16 / sq ft base rent for this high profile, high traffic location storefront in the 200 block of Main Street and right in the middle of the popular farmers market! The building is a 3 storey building built in 2008 and consists of 3 strata units with 2 residential units above and the subject property being Zoned C5 and on the ground level... Perfect for offices and or professional space... New heat pump in 2024 installed , an extremely well maintained unit Don't miss out! Call the Listing representative today for more details for Purchase and Lease Agreement (id:2493)More details
Prime commercial property in an excellent location in one of Penticton's most desirable urban areas. 24-74 Front Street along with 85 Backstreet is situated on approximately .60 acres. The property is fully leased with 7 tenants but also has prime development potential. C5 zoning supports a mix of commercial and residential uses. 34 parking spaces. This area is currently transitioning with new commercial and residential building. This is an excellent passive income earning property with incredible future development potential. Call for more information. (id:2493)More details
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 5.83% 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
Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units. (id:2493)More details
An exceptional opportunity to own a prime commercial office building in downtown Penticton! This well maintained building boasts a total of 15,254 square feet of leasable space, situated on a generous 0.172 acre lot. Featuring a diverse mix of individual work areas and communal spaces this property offers a versatile layout suitable for various business endeavors such as a law office or accounting firm. The main floor encompasses 5,897 square feet of leasable space, while an additional 5,881 square feet are available on the upper level plus 3,476 in the basement. This property has undergone recent upgrades including improvements to the HVAC, boiler system pumps, new hot water tank, new sump pump, and upgraded furnace. Strategically positioned on a corner lot and zoned C5 in the heart of the downtown core, this property offers excellent visibility and accessibility. Measurements taken from i-Guide. Contact the listing agent for a viewing. (id:2493)More details
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
Amazing investment, end user or re-development opportunity! 18,000+ sqft office building situated in one of the best locations in Penticton -- colourful Front Street, just blocks to the beach and the heart of downtown. Built in 1994 and sitting on 0.505 acres of land this building has approximately 25 parking stalls on site. The building has 18,934 sqft of rentable space, is very well maintained and finished with high-end lease hold improvements throughout. The main floor has 2 units and a large unit on the top floor. Unit 101 is 5,081 sqft and is currently rented with a lease until 2028. Unit 102 is vacant and has 5,545 sqft of space. Unit 201 is vacant and has 8,385 sqft. The property is zoned C5 with a max height of 120 ft and 100% lot coverage with a 6 FAR. There is no longer a parking requirement for residential units in this zoning. This is an amazing condo site for development. Don’t miss out call today for more information. (id:2493)More details