Amazing investment opportunity in the heart of the City of Penticton’s downtown core. This mixed use building features 2 commercial units on the ground floor with 4 residential units above. The building is located in the 300 Block of downtown and enjoys high volume traffic. The building has been extensively upgraded and renovated. The two commercial unit tenants are Vitamin King and Just 4 Fun. Vitamin King has 3,000 sqft and has just signed a lease extension for 5 years. Vitamin King is a long-term tenant and has been in the building since 1992. Just 4 Fun is an existing new business that has been the building since 2022 and has 2,556 sqft. 2 of the 4 residential units have been renovated and monthly rent increased accordingly. There are still great upsides in the 2 unrenovated residtial units. Call to inquire today on this great investment opportunity. (id:4069)
Address
354 Main Street
List Price
$2,099,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Area
British Columbia
Sub-Area
Penticton
Year Built
1940
MLS® Number
10323611
Listing Brokerage
RE/MAX Penticton Realty
Postal Code
V2A5C3
