Centrally located, three-storey walk-up concrete block apartment building with 20 units. The mix includes: - 10 - 1-bedroom apartments - 10 - 2-bedroom apartments Half the units are updated upon turnover; one suite was custom renovated. Features for this building include: - 20 dedicated storage lockers (one per unit) - Off-street parking and a large covered patio for each unit with a small external storage locker - On-site card-operated shared laundry - Large workshop and a separate office space for the building maintenance team. Ideal for investors seeking a well-located, low-rise rental building with a balanced unit mix. (id:2493)More details
Amazing investment opportunity downtown Penticton. Fully leased office building with 3 Tenants with escalating leases in the heart of downtown. With 18,751 sqft of first-class office space this building sits on a 0.505 acre of land on Penticton’s colourful Front Street just one block to Okanagan Lake parks, beaches and events. Front Street is the premiere commercial street in the downtown area. There is a popular walking trail running along Penticton Creek right behind the building with a bridge that crosses to Ellis Street. The parking lot has access from both Front Street and from the alley that accesses Backstreet Boulevard. This building has high quality lease hold improvements throughout. RBC Dominion Lending has occupied the building since 1994 with 5,081 sqft of space leased; the City of Penticton leases the entire second floor area at 8,385 sqft and has done extensive lease hold improvements; McLeod-Schneiderat Lawyers leasing 5,285 sqft of space on the first floor and has also just completed extensive lease hold improvements. All leases are full triple-net leases with renewals. The building has 24 dedicated parking spaces and bike lock-up. The property is zoned C5 and offers many of long-term possibilities as Penticton’s best downtown zoning. $6.67/sqft Additional Rent. (id:2493)More details
Attention Investors and Developers! Incredible and rare opportunity at The Ridge Penticton to develop this 1.245 acre multi-family RM3 zoned site. Situated in one of Penticton's most sought after new developments nestled among gentle rolling mountains and scenic natural landscape with endless panorama of open skies. Immerse yourself in nature with the countless outdoor adventures available in our beautiful four seasons climate. Penticton's spectacular golf courses, ski hills and miles of warm sandy beaches are just minutes away and an extensive system of forested walking and hiking trails is located directly in your backyard. Create your Dream! Call the Listing Representative today for a detailed package. (id:2493)More details
Downtown location on Main St, Steps from Memorial park and Veterans square. Spacious restaurant set up and currently operating as Japanese/Asian cuisine. Generous area for customers and dining in space, lobby for set up for take out & also patio at front of building, 2 washrooms, good storage, Large rear open parking area for staff. This is a Business sale the building is not included. I Guide with listing for floor plan and tour. Call today to view (id:2493)More details
LARGE WAREHOUSE on 1/2 ACRE PROPERTY in the Industrial Park in Osoyoos! Prime investment opportunity in the heart of the Osoyoos Buena Vista Industrial Park located 3km northwest of downtown Osoyoos and 2km northwest of the intersection of Highway 3 and Highway 97, and about 7km north of the Canada/US border. This commercial property spans approx. 0.5 acres and hosts a large ICF building (Insulated Concrete Forms), totalling six distinct commercial units. Each unit offers flexibility and functionality suited for a variety of business types, making this an ideal choice for diversifying your investment portfolio. The durable construction and strategic location enhance the potential for high rental yield and capital appreciation. The zoning is I1 - General Industrial permitting various uses: manufacturing, processing, finishing, animal hospital; automobile, boat, trailer, and recreation vehicle service, sales and rental; recreational vehicle storage lot; automotive and truck repair shop; and so much more options. (id:2493)More details
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
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
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
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
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
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
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