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260 Okanagan Avenue E, Penticton
2025-11-03
Quick Summary
- Location
- 260 Okanagan Avenue E, Penticton, British Columbia V2A3J7
- Price
- $2,998,000
- Status:
- For Sale
- Property Type:
- Other
- Year of Construction:
- 1960
MLS®#10367383
Property Description
High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Stucco
- Fireplace: No
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Features
- Feature: Elevator
Land
- Land Size: 0.68 ac|under 1 acre
- Sewer: Municipal sewage system
Information entered by Chamberlain Property Group
Listing information last updated on: 2025-11-21 17:00:09
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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