$2,499,000
( )
$13,415 est/mo Sourced by Back At You1413 Main Street,Penticton, BC V2A5G4
Penticton, BC V2A5G4
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:13843)
Details
| MLS # | 10382369 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 208 |
| Listing Provided By | Coldwell Banker Horizon Realty | Stewart Dunbar |
Features
| Acreage | 0.29 |
|---|
Interior
| Fireplace Yes / No | No |
|---|
Area Information
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A5G4 |
| Listing VS Median (in V2A5G4) | |
Price: $2,499,000 low | high Med: $0 On site: 208 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A5G4 |
| Listing VS Median (in V2A5G4) | |
Price: $2,499,000 low | high Med: $0 On site: 208 low | high Med: | |
Nearby Listings (Within 1/2 mile)
Price: $1.874M - $3.123M
sqft: 0 - 0
Listing Updated: September 29, 2026 at 3:35:51 AM PDT