• LargePhoto20653557-1
  • LargePhoto20653557-2
  • LargePhoto20653557-3
  • LargePhoto20653557-4

Versatile income producing property in a high profile location several blocks from Penticton’s Main street. This property consists of 6- 500 sq. ft. commercial rental units, 2- 1000 sq ft commercial rental units and 16 mini storage units. Generating $82,000 gross income and represents a 5.5% cap rate on the asking price. Property has a long history of 100% occupancy and there is a wait list for the commercial units. Included in the Proforma is a 5% management fee and 5% vacancy factor. Property is currently managed by the Sellers. (id:16512)

Property Overview

British Columbia

Property Specifications

Thu, 09 May 2019 21:22:33 GMT

Building Features

Natural gas
Municipal water

Agent Info

Trusted listings from REALTOR® Agents.
The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.