Rare opportunity in Okanagan Falls to own a versatile industrial property with residential accommodation, along with the potential for workshop use or lease income on one title. This 3,200 sq. ft. industrial building is currently configured as a millwork facility and offers excellent functionality with open-span workspace, bay door access, office space, natural gas boiler heating system, spray booth, compressor room, dust collection system, roughed-in 200-amp service, abundant storage, and separate customer/staff parking with its own dedicated entrance. Flexible zoning allows for both industrial and residential use, creating outstanding potential for owner-operators, trades, manufacturing, storage, or hobby-based businesses. Complementing the property is a well-maintained 1,600 sq. ft. rancher offering comfortable single-level living with 3 bedrooms, 2 bathrooms, vaulted ceilings, custom kitchen, family room, and bright open living spaces. The fully fenced flat yard and covered patio add additional appeal for live/work flexibility. Excellent location close to amenities, schools, and major outdoor recreation in the South Okanagan. (id:2493)More details
Well-maintained two-storey apartment building in a prime walkable location — steps from downtown Penticton and all essential amenities. The property comprises 18 one-bedroom units, seven of these have been fully remodelled with updated kitchens, bathrooms, flooring, and paint. Recent capital improvements include a new boiler and pumps, hot water tank, additional laundry appliances, and a refurbished lobby with secure mailboxes. With no balconies or elevator, the building is exceptionally low-maintenance and operationally efficient. More than half the units remain substantially below market rent, and the property re-leases quickly with minimal vacancy exposure — each turnover a mark-to-market opportunity. Strong occupancy underpins stable cash flow, with a projected capitalization rate of 7.31% at full market rents (id:2493)More details
Extremely well located, fully rented industrial building with excellent street frontage. All tenants are long term tenants with escalating leases in place. CAP rate comes in at current rents at a comfortable 5%. NDA must be signed to view current leases. This is a very well maintained building of just under 10,000 square feet has 3 established tenants. Most tenants have been in this building for over 10 years. (id:2493)More details
One storey over 2700 sq ft Commercial building zoned M1 with a 1344 sq ft, 2- bedroom one bath residential 2 storey living quarters on site. Large .53-acre commercial property, mechanic shop with 2 bays and hoist. Also includes 843 sq. ft of rental space. Two separate offices, front reception areas and a bathroom on each side. The shop is heated and has a central air system with its own furnace. New roof on the offices, shop and storage area. The residential living space has a family room, living room, kitchen, two bedrooms, 4-piece bathroom, laundry room with pantry and storage area could be a two-car garage. Flat lot in industrial area lots of opportunities here. All measurements approx. (id:2493)More details
This is a rare chance to own an M1 zoned property on 0.48 acres, featuring a large stand-alone building and a secure rear fenced yard. The building offers 2 washrooms, a display/retail area, a spacious staff/board room, a separate office, and extra storage. There’s front parking with easy Highway 97 access and space for large vehicles. Rear access includes 10x10 foot doors, 3-phase 600 amp power, a natural gas fireplace in the showroom, and natural gas to the building. Operating as a metal fabrication shop since 1997, it’s zoned for a wide range of uses including automotive and equipment repair, contractor services, restaurants, equipment rental, farm supply sales, protective and emergency services, general industrial work, canning and packing, recycling facilities, research centers, wineries, cideries, breweries, distilleries, processing of agricultural products (except abattoirs), commercial storage, and licensed cannabis production. All measurements are from IGuide. Call today to view. (id:2493)More details
Eagle R.V Park & Campground, a proven income producing property situated alongside the picturesque Similkameen River. This thriving RV park has demonstrated consistent year over year growth and offers an exceptional turnkey opportunity. Currently featuring fully serviced RV rental pads, generating reliable+steady income. Additional revenue streams include coin operated laundry+shower facilities+paid storage, enhancing overall profitability. Plan to expand? There is significant potential to increase the number of pads+further maximize returns. Infrastructure upgrades and thoughtful layout make this campground both functional+appealing. The site includes paved roads, substantial electrical improvements with 3 phase power, designated dry camping areas+storage area rentals. Guests enjoy the convenience of separate men’s and women’s shower buildings, adding to the park’s comfort and appeal. The owner/operator is well accommodated with a 2 bed mobile home featuring an attached office, 2 bathrooms, Personal Gym room. A double garage+Garden shed provide excellent space for storage and operational needs. This well maintained property offers the perfect blend of strong income and future growth potential. An outstanding opportunity for investors/hands on operators looking to step into a successful+expanding business. Similkameen River just steps from your door via the scenic Similkameen Rail Trail, offering easy access to village shopping, amenities+ nearby sandy beaches. (id:2493)More details
Positioned in a highly desirable, high-visibility location, this approximately 1,500 sq. ft. professional office space presents a compelling opportunity for investors seeking stable income. Efficiently designed with six private offices, offering an ideal layout for practitioners requiring multiple treatment rooms, consultation spaces, or private offices for partners and associates. Two well-appointed bathrooms and a practical floor plan support smooth daily operations, while the fully accessible building ensures compliance and ease of access for all clients and patients. Currently leased under a triple net agreement to a reputable professional organization, the property provides secure, predictable income with minimal management responsibilities. The lease extends through March 2028, making this an excellent turnkey investment or a strategic future owner-user opportunity for those planning ahead. Surrounded by established services and benefiting from steady pedestrian activity, this is a rare chance to acquire a well-located, professionally configured office space with both immediate income and long-term flexibility. (id:2493)More details
First time on the market. An exceptional waterfront redevelopment and investment opportunity in the heart of Osoyoos. This rare offering spans four separate lots totaling approximately 2 acres (to be verified) and features two established motels plus a residential home, providing strong holding income with significant future upside. Motel One offers 29 rooms with an attached house, while Motel Two includes 34 rooms, for a combined total of 63 units. Ideally positioned on the lakefront in one of BC’s premier tourist destinations, this property benefits from high seasonal demand and outstanding long-term redevelopment potential. Opportunities of this scale, configuration, and premier waterfront location are rarely available. (id:2493)More details
Hallmark building in prime downtown core of Canada's Wine Capital! 7,300 feet of space: 10 tenanted spaces varying from 150 to nearly 1700 sq. ft. Market appropriate rents = zero vacancy & minimal turn. Cap rate just under 6%. Tenants include RETAIL: Respect Record and Skate, Pottery Studio, CONVENIENCE RETAIL: CRISP Hair Salon, OKGN Laser Lounge, Olan Beauty, WELLNESS: Pilates Plus Fitness & Rehabilitation, Wild Daisy Yoga, Desert Rose Massage Therapy, SERVICE: Bookkeeping and Sewing Machine Repair. Additional hallway/gallery space provided as community service to Sagebrushers Art Collective. Approximate 70/30 split between larger, street-level ground floor, and second floor with direct, level access to rear alley. Main level features two large retail storefronts, a glass vestibule to the gallery space providing direct access to remaining first floor businesses, and public stairwell to second floor at rear of building. Two second floor spaces are flooded with light from oversized, east facing windows, and all benefit from stairwell and rear alley accessibility. 2 general access washrooms (1 each level), plus 3rd dedicated to the Pilates space. Period features include original, wide plank floors, post and beam construction, high ceilings, exposed ductwork, and vintage freight elevator shaft head. Current owner upgrades: HVAC & AC, electrical, plumbing, roofing. Measurements approximate. Buyer to verify if important. Cost effective third party management available if desired. (id:2493)More details
Exceptional opportunity to acquire a 1.798-acre property in a prime Penticton location, offering outstanding future redevelopment potential. The property is currently zoned C4, with a future land use designation supporting Mixed Use, making it ideal for a wide range of commercial and residential development opportunities. The site features three buildings (approx. 14,675 square feet in total), two of which are fully occupied, with the third approx. 50% occupied, providing in-place income while planning for future development. Well positioned in a high-traffic area with strong visibility, the property is in close proximity to a wide range of amenities, services, and major transportation routes, further enhancing its long-term value and development appeal. (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
This 2.4-acre industrial property at 9450 115th Street offers a rare combination of immediate utility and long-term investment logic. Located within the Osoyoos industrial park, the site features a 5,261-square-foot shop currently utilized as a truck center, complemented by a revenue-generating 24-hour cardlock. The I-1 General Industrial zoning provides vast flexibility for light manufacturing, storage, or commercial services in a high-demand corridor. Strategically positioned minutes from the US border and Highway 3, the location ensures efficient logistics and high visibility. Recent infrastructure supports three-phase power and municipal water, making the site move-in ready for a variety of business models. For the investor, the expansive acreage provides significant room for expansion; for the business owner, it offers a stable home base in Canada’s warmest climate. This property represents a tangible asset in the South Okanagan’s growing economy, balancing functional workspace with the lifestyle perks of being moments away from the lake and world-class vineyards. (id:2493)More details