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1413 Main Street, Penticton
2026-04-08
Quick Summary
- Location
- 1413 Main Street, Penticton, British Columbia V2A5G4
- Price
- $2,499,000
- Status:
- For Sale
- Property Type:
- Retail
MLS®#10382369
Property Description
Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Retail
Land
- Land Size: 0.29 ac|under 1 acre
Information entered by Coldwell Banker Horizon Realty
Listing information last updated on: 2026-04-07 22:18:34
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
Yes, and yes.
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