Cap Rate: 6.5+% - This 10,392 sq. ft. two-storey building its on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, residents and a secure storage facility. The second floor is partially improved for office use and staff accommodations. Offered at a 6.5%+ CAP RATE Steel and wood construction with ICF foundation, Metal/stucco exterior with torch-on roofing (2019), 400 Amp power, HVAC, and copper plumbing, Secure key fob access, video surveillance, motion sensors, Large fenced yard with 85 self-storage units and one 24'x25' oversized unit. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. This well-located industrial property in Penticton offers a unique opportunity to acquire a mixed-use, income-generating asset in the heart of an established industrial district. Property only, business not for sale. (id:47421)
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Detailed Information
Listing Contract Date
2025-10-15
Municipal ID
004-290-828
Property Type
Other
Transaction Type
For sale
Building
Exterior Finish
Metal, Wood
Foundation Type
Insulated Concrete Forms
Roof Material
Metal,Other
Roof Style
Unknown,Unknown
Type
Residential Commercial Mix
Land
Total Size
0.5 acres
Current Use
Mixed use
Size of Irregular Land
0.5
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