1505 Main Street. Penticton, British Columbia V2A5G7

$4,790,000

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Down Payment: Monthly Payment:
  • 11,453 SqFt
  • $418.23 / SqFt
  • Neighbourhood: Main North
  • HOA: N/a
  • MLS® #: 10391746
  • Year Built: 1997

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Description

This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, most of the roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:6289)

1505 Main Street - Subdivision Statistics

Avg. asking price $851,284
Price per sq. ft. $463
Median price $619,000
Number of homes for sale in Main North 222
Number of homes for sale in Penticton 558
Avg. Days on Market N/A

Essential Information

  • Listing #10391746
  • Price$4,790,000
  • Bathrooms0.00
  • Square Footage11,453
  • Acres0.70
  • Year Built1997
  • TypeRetail
  • Sub-TypeRetail

Amenities

  • AmenitiesShopping
  • FeaturesLevel lot
  • Parking Spaces37

Exterior

  • Exterior FeaturesLevel
  • Lot DescriptionLevel lot
  • RoofTar & gravel

Community Information

  • Address1505 Main Street
  • SubdivisionMain North
  • CityPenticton
  • ProvinceBritish Columbia
  • Postal CodeV2A5G7

Interior

  • Interior FeaturesSecurity,,,,,,,,,,Drywall
  • HeatingOther
  • CoolingCentral air conditioning

Listing Details

  • Listing OfficeStilhavn Real Estate Services
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Royal LePage Westwin Realty
Request a showing of 1505 Main Street, a 0 bedroom, 0.00 bathroom Retail in Main North, Penticton. Built in 1997 and approximately 11,453 square feet in size, MLS #10391746 is currently listed for $4,790,000. To schedule a property tour, contact us at KelownaHomes.ca