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
LARGE SHOP on 2.4 ACRE PROPERTY in the Industrial Park in Osoyoos! Prime investment opportunity in 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. 2.4 acres and hosts a large shop and currently operating as OK truck center. There is also a scrap metal pile and 24 hour cardlock on the property for additional revenue. Fantastic location for further development with the potential for higher 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 & more; Call LB for all the details!! (id:2493)More details
.532 ACRE LOT in the Industrial Park in Osoyoos! Great opportunity in the 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. 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 many more options. (id:2493)More details
Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:2493)More details
A full service, family run restaurant for over 30 years in the same location, the current owners purchased this Oliver institution 6 years ago, and have dramatically grown revenue and profitability, while significantly investing in the business. M&J's Country Kitchen is located in the high traffic Oliver Place Mall, in the business core of Canada's Wine Capital on highway 97, the South Okanagan's primary thoroughfare, and benefits from traffic drawn by mall anchors No Frills, Shoppers' Drug Mart, and Valley First Credit Union. Specializing in home style, comfort-food cooking, and warm, friendly service, M&J's is a breakfast and lunch go-to for both locals and visitors alike. Generous portions, reasonable prices, and incredible scratch desserts keep customers coming back time and again. Despite seating capacity for 66 patrons, line-ups are not uncommon, especially during weekend breakfast rush. The business is a recognized contributor to local charitable initiatives and has it's own signature ""Pay It Forward"" meal program. A liquor license enables wine, beer and house speciality ""boozy milkshake"" service. The restaurant also operates a popular take-out business. Expansion to include dinner service and/or 7 day operations present incredible growth opportunities. This share sale includes all intellectual property, and a cost-effective, assignable lease. Information package available with NDA. Measurements are approximate, Buyer to verify. Please do not disturb staff or patrons. (id:2493)More details
Imagine waking up every morning to the sound of the Similkameen River rolling past your back door. No commute. No landlord. Just you, a thriving business, and one of the most breathtaking settings in the Similkameen region. Riverhaven is a turnkey, owner-operated retreat - a 23-site RV park, a 4-unit motel with a remarkable 4.9/5 guest rating, a comfortable 2-bedroom owner's residence, and a detached shop, all set on 2.11 acres with 223 feet of river frontage and a stunning natural sandy beach. The business generates the revenue. The owners live for free. Towering mature evergreens shade the RV sites, guests swim, fish and tube from the sandy shoreline, and a loyal base of returning visitors ensures steady, reliable income season after season. The main building is designed for seamless operations, housing the motel, store and office, owner's private residence, and guest facilities all under one roof. Move-in ready. No updates required. This is the lifestyle buy you've been waiting for - perfect for a couple or empty nesters ready to trade the daily grind for something that feeds the soul as much as the bottom line. All showings by appointment only. Seller resides on site - no drop-in viewings please. Duplicate Listing MLS 10381885. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & include all interior walls & must be verified by the buyer if deemed important. (id:2493)More details
Turnkey mixed-use industrial investment in the growing Summerland, BC industrial corridor. This 6,440 sq ft building on a 0.40-acre corner lot offers high visibility, excellent access, and 100% leased income with a diverse tenant mix supported by flexible zoning that allows uses beyond traditional industrial. Built in 2010 and well maintained, this low-maintenance, cash-flowing asset is ideal for local or out-of-town investors seeking stable returns. The building features 6 equally sized bays, each with a 12’ x 10’ overhead loading door, 2-piece washroom, and dedicated hot water tank, making them highly desirable for small to mid-size businesses. Consistent full occupancy history demonstrates strong demand for this unit size in the market. Additional highlights include ample on-site parking, efficient layout, and long-term tenant appeal. Future stratification potential offers added value and exit flexibility. Competitive cap rate and diversified tenancy make this an excellent addition to any commercial portfolio. Prime location in Summerland’s emerging industrial area with convenient access to major routes and local services. (id:2493)More details
Opportunity knocking! Live and work your best life here in the Okanagan with a fully operational boutique winery at the beginning of the Naramata Bench's thriving wine region. Blackwood Lane is an award-winning winery, with above-average wines licensed for both winery and lounge, featuring an elegant tasting room with retail space as well as a spacious patio. Equipped for small-lot production, with barrel room and temperature-controlled storage. Lake and city views add to the ambiance. Please note this is an asset sale or purchase of a limited company. All land and buildings are leased. Call for your private viewing today. (id:2493)More details
This Restaurant is located in Penticton, a city that offers many opportunities to serve tourists and locals alike. Situated on a bustling corner the restaurant is located on the busy 300 block of Main Street, in the historic and well known Nanaimo Square. Attractive brick facade, featuring Japanese/Korean cusine. This restaurant is easy to operate. Since first opening in 2024, revenues have been steadily increasing. The leased space is 1,200 square feet, offering additional room to expand services. There is an outdoor patio space that is included. CIBC, RBC, Canada Revenue Agency, etc are close by with many businesses looking for quick lunch options. Call for your private showing today. (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