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
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
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
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
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
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
Turnkey Pizza Restaurant for Sale in the Heart of Penticton! A rare opportunity to own a fully operational, and trusted franchise brand Positioned along Penticton's most sought-after, high-traffic corridors. This established National Franchise Pizza location delivers impressive monthly gross sales of approximately $50,000 Whether you're a seasoned restaurateur or a first-time business owner, this is your chance to step into a thriving operation with zero downtime. Key Highlights: Prime central location, Brand new build-out with modern finishes and top-of-the-line equipment Fully staffed with trained, reliable team Loyal customer base with consistent repeat business Excellent lease terms and strong community presence. Serious inquiries only. Full details and Financials available upon signed NOA. Source of Measurements: Lease Agreement (id:2493)More details
This exceptional 4,701 sq. ft. commercial property in downtown Penticton is available for lease or for sale, offering prime exposure in a high-traffic area with ample street parking. The one-storey building with a full basement provides extensive flexibility, featuring 19 private office spaces, 3 meeting rooms, a welcoming reception area, 2 bathrooms, a staff area, and 5 dedicated storage/file rooms, plus additional storage below and convenient alley access. Currently operating as a law office, this well-maintained space is ideal for professional services or businesses seeking a central, highly accessible location close to shopping, recreation, and public transit. (id:2493)More details
Well established multiple office buildling in Penticton's downtown core. Listed to sell - below market value. U-shaped wood siding building, encased with brick, sits on a 1/2 acre lot. Easy access by foot or bus. Parking in front or back. All measurements are approximate. Call listing agent today for a viewing. (id:2493)More details
Centrally located in Penticton’s Industrial Area, this custom-built concrete building offers exceptional versatility and quality construction. The fully insulated space features a welcoming storefront entry leading into a bright and functional unit enhanced by two skylights. With a main floor area of approximately 1,475 square feet and an additional 485-square-foot mezzanine, the layout provides ample room for a wide range of business uses permitted under M1 zoning. The building comprises seven warehouse units, all within a secure complex with power gate access and convenient on-site parking, including two designated stalls and visitor spaces. Inside, you’ll find high ceilings, a two-piece bathroom, and a sprinkler system. This blank-slate property is ready to accommodate your vision. (id:2493)More details
Outstanding Development Opportunity Up to 22 Units – Spartan Drive, Osoyoos Rare chance to acquire a fully prepped, shovel-ready project in one of Osoyoos’ most desirable locations—Spartan Drive. Just steps to the beach and lake, this prime site sits right in the heart of town, walking distance to everything. Whether you’re a builder, developer, or investor, this is the kind of opportunity that’s getting harder and harder to find. The zoning is in place, and all preliminary work has been completed. Full info package and detailed proforma available on request. Best of all, the site qualifies for CMHC’s MLI Select program—potential for 95% loan-to-value, 50-year amortization, and favourable interest-only rates. Opportunities like this don’t last. Reach out for the full package or to discuss in more detail. Listed By: EXP REALTY (id:2493)More details
Discover a one-of-a-kind hospitality property nestled in the scenic hills of Princeton, BC. The Princeton Castle Resort features a collection of cabins, chalets, and lodge suites surrounded by natural beauty and historical charm. With steady tourism traffic year-round and close proximity to Highway 3, this turnkey resort offers tremendous potential for expansion, event hosting, and long-term investment growth. A truly unique opportunity to own a landmark property in the heart of BC's interior. (id:2493)More details
Listed by Magsen Realty Inc. and Nu Stream Realty Inc.