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$2,499,000
British Columbia,Penticton
For Sale Active
1413 Main Street, Penticton, British Columbia V2A5G4
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Basic Details
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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 10382369
  • Price: $2,499,000
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 47766
Address Map
  • Location: CA, British Columbia, Penticton, V2A5G4
  • Street: Main
  • Street Number: 1413
  • Street Suffix: Street
  • Longitude: W120° 24' 50''
  • Latitude: N49° 29' 0.2''
Additional Information
  • Lot Size Dimensions: 0.29
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Listing updated: 2026-06-17 05:53:18
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Listing Information
  • List Agent Key: 1995650
  • List Office Key: 47766
  • Modification Timestamp: 2026-04-07T22:25:43Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-04-07T22:18:34Z
Powered by REALTOR.ca
Listing updated: 2026-06-17 05:53:18
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