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322 Main Street, Penticton
2026-02-06
Quick Summary
MLS®#10374765
Property Description
Seize this opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., and offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two 1300 sqft. leased units with invested tenants. 322 Main is being renovated to house an upscale dog grooming and retail boutique and 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The C5 Zoning permits a combination of residential and commercial mix includingdwelling units, tourist accommodations, brewery/distillery, health services, restaurant, retail, short term accommodation and more.The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Stucco, Wood
- Fireplace: No
- Interior Size: 2600 sqft
- Building Type: Retail
- Utility Water: Municipal water
Land
- Land Size: 0.07 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Engel & Volkers South Okanagan
Listing information last updated on: 2026-02-08 16:58:53
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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