Seize the opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two fully leased units with invested tenants. 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (id:4069)
Address
322 Main Street
List Price
$759,000
Property Type
Retail
Type of Dwelling
Retail
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Floor Area
1,300 Sq. Ft.
Lot Size
0.07 Sq. Ft.
Year Built
1955
MLS® Number
10363712
Listing Brokerage
Engel & Volkers South Okanagan
Postal Code
V2A5C3
