498 ELLIS Street, Penticton

2026-04-14

498 ELLIS Street, Penticton, British Columbia

15254 ft²
For Sale Office
$2,500,000

MLS®#10383272

An exceptional opportunity to own a prime commercial office building in downtown Penticton! This well maintained building boasts a total of 15,254 square feet of leasable space, situated on a generous 0.172 acre lot. Featuring a diverse mix of individual work areas and communal spaces this property offers a versatile layout suitable for various business endeavors such as a law office or accounting firm. The main floor encompasses 5,897 square feet of leasable space, while an additional 5,881 square feet are available on the upper level plus 3,476 in the basement. This property has undergone recent upgrades including improvements to the HVAC, boiler system pumps, new hot water tank, new sump pump, and upgraded furnace. Strategically positioned on a corner lot and zoned C5 in the heart of the downtown core, this property offers excellent visibility and accessibility. Measurements taken from i-Guide. Contact the listing agent for a viewing. (id:32467)

Building Office
Rooms
Bedrooms
Bathrooms 0
Square Footage 15254 ft²
Built in 1960
Parking Type
Neighbourhood Penticton

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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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

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Yes, and yes.

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