575 PAGE Avenue, Penticton, BC V2A6P3
575 PAGE Avenue, Penticton, BC V2A6P3
575 PAGE Avenue, Penticton, BC V2A6P3
76
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$18,600,000
Est. payment /mo
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74,000 SqFt
Active

575 PAGE Avenue Penticton, BC V2A6P3

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Andrew Loewen

Andrew Loewen

+1(250) 801-6713

UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 74000

Square Footage 74,000 sqft

Price per Sqft $251

Subdivision Main North

MLS® Listing ID 10349122

Lot Size 10.030 Acres

Acres 10.03

Property Sub-Type Freehold

Property 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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating See remarks

Cooling See Remarks

Exterior

Parking Features No

View Y/N No

Roof Type Unknown,Unknown

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Chamberlain Property Group

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Andrew Loewen

Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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575 PAGE Avenue

 
 
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