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197 Warren Avenue Unit# 102, Penticton
2026-01-10
Quick Summary
- Location
- 197 Warren Avenue Unit# 102, Penticton, British Columbia V2A8N8
- Price
- $999,000
- Status:
- For Sale
- Property Type:
- Business
MLS®#10372408
Property Description
Excellent opportunity to acquire a well-performing commercial strata unit in Penticton. This 4,800 sq. ft. unit is occupied by a stable, long-term tenant who has been in place for over 10 years. A new 5-year escalating lease was signed in November 2025, providing strong and predictable income growth. At the current asking price, the property offers an attractive 6.4% cap rate, which is projected to increase to approximately 7.5% by the end of the lease term. This is a true hands-off investment, as all exterior repairs, maintenance, and common area responsibilities are managed by the strata. Ideal for investors seeking secure cash flow, long-term stability, and minimal management in a prime Penticton location (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Other
Land
- Land Size: under 1 acre
Information entered by RE/MAX Wine Capital Realty
Listing information last updated on: 2026-01-10 19:51:09
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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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