This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, most of the roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:4069)
Address
1505 Main Street
List Price
$4,790,000
Property Type
Retail
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Floor Area
11,453 Sq. Ft.
Lot Size
0.7 Sq. Ft.
Frontage Length
145 ft
Year Built
1997
MLS® Number
10391746
Listing Brokerage
Stilhavn Real Estate Services
Postal Code
V2A5G7
Parking Places (Total)
37
Site Influences
Shopping
Features
Level lot
Heat Type
Other
Cooling Features
Central air conditioning
Water Source
Municipal water
Access To Property
Easy access
Sewer
Municipal sewage system
