Attractive 6.75%+ Cap Rate plus With Storage Units
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.
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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