575 Page Avenue. Penticton, British Columbia V2A6P3

REDUCED

$18,600,000

Mortgage Calculator

Down Payment: Monthly Payment:
  • 74,000 SqFt
  • $251.35 / SqFt
  • Neighbourhood: Main North
  • HOA: N/a
  • MLS® #: 10349122
  • Year Built:

Schedule a Tour

Sunday
18
Jan
Monday
19
Jan
Tuesday
20
Jan
Wednesday
21
Jan
Thursday
22
Jan
Friday
23
Jan
Saturday
24
Jan
Sunday
25
Jan
Monday
26
Jan
Tuesday
27
Jan
Wednesday
28
Jan
Thursday
29
Jan
Friday
30
Jan

Take a tour with a buyer's agent

Request this time
It's free, with no obligation - cancel any time.

Description

Exceptional opportunity to acquire a prominently positioned commercial asset with frontage along both Okanagan Avenue and Camrose Street. This well-located building has benefited from extensive capital improvements over the past four years, with reported renovations totaling approximately $1.2 million, substantially enhancing functionality, efficiency, and long-term durability. The property offers 33,784 square feet of gross leasable area on a flat 0.68-acre parcel and is zoned M1 (Mixed Urban Centre Commercial), accommodating a broad range of commercial and light industrial uses. A diverse tenant mix provides multiple income streams, contributing to a balanced and resilient investment profile. Additional features include 18 on-site parking stalls, an elevator, and fully accessible washrooms, ensuring tenant convenience and regulatory compliance. A recent appraisal is on file, and the 2026 BC Assessed Value is $4,257,000, offering meaningful context relative to the current offering. With substantial capital improvements already completed and strong corner exposure in a highly visible location, this property represents a compelling turnkey investment opportunity with both income stability and longer-term upside potential. (id:6289)

575 Page Avenue - Subdivision Statistics

Avg. asking price $1,012,693
Price per sq. ft. $370
Median price $624,499
Number of homes for sale in Main North 120
Number of homes for sale in Penticton 341
Avg. Days on Market N/A

Essential Information

  • Listing #10349122
  • Price$18,600,000
  • Bathrooms0.00
  • Square Footage74,000
  • Acres10.03
  • TypeIndustrial
  • Sub-TypeOther

Interior

  • Interior FeaturesDrywall
  • HeatingSee remarks
  • CoolingSee Remarks

Listing Details

  • Listing OfficeChamberlain Property Group

Community Information

  • Address575 Page Avenue
  • SubdivisionMain North
  • CityPenticton
  • ProvinceBritish Columbia
  • Postal CodeV2A6P3

Exterior

  • ExteriorOther
  • RoofMetal,Other
REALTOR.ca logo
Request a showing of 575 Page Avenue, a 0 bedroom, 0.00 bathroom Other in Main North, Penticton. Built in and approximately 74,000 square feet in size, MLS #10349122 is currently listed for $18,600,000. To schedule a property tour, contact us at KelownaHomes.ca