Attractive 6.75%+ Cap Rate plus With Storage Units

Penticton, BC
Asking Price: $1,442,351 ($1,995,000 CAD)
Real Estate Details
Listed on Jul 7, 2025

Sitting on a well-positioned 0.50-acre site, this two-storey building blends commercial storefront, functional industrial/office space, and a fully secured self-storage facility – all within one income-producing asset.

This is a rare opportunity to acquire a fully income-generating, mixed-use industrial property in the heart of Penticton’s established industrial district.

Attractive 6% Cap Rate – Strong and stable cash flow from diversified income streams.
Flexible Space – Ideal for industrial, commercial, or office use, with zoning supporting continued mixed-use operation.
Half-Acre Lot – 0.50-acre site with secure yard, ample parking, and excellent access
Property Overview

Main Floor (5,376 sq. ft.)
Below-grade retail/commercial area at front of building – ideal for showroom, light industrial use, or tenant rental.

Second Floor (5,016 sq. ft.)
Configured primarily as office space, with current use including storage and employee living quarters.
Features a kitchenette, one 2-piece washroom, and one 3-piece washroom.

-Property ONLY, business not for sale.

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Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price $1,442,351

Converted From CAD

Exchange Rate $0.72

Cap Rate 6%

Additional Details

Street Address 275 Okanagan Avenue East

Building Area 10392.00 Square Feet

Land Area 0.50 Acres

Zoning M1 - General Industrial

Deal Terms

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

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