275 Okanagan Av E 10,392 SF 100% Leased Industrial Building Penticton, BC V2A 3J8 $1,419,626 USD ($136.61 USD/SF) 6.50% Cap Rate

This mixed-use, income-generating property is now available for acquisition in the established industrial area of Penticton. The property spans 10,392 sq. ft. on a fully fenced 0.5-acre parcel, delivering a rare combination of commercial, office, residential, and secure storage functionality under a single asset. It is offered at a competitive 6.5%+ CAP rate, presenting immediate cash flow with upside potential for investors or owner-operators.
Constructed with durable steel and wood framing supported by an insulated concrete foundation, the building is clad in a combination of metal and stucco with a torch-on roof completed in 2019. The asset includes updated systems such as 400 Amp electrical power, HVAC, and copper plumbing. Robust security features ensure peace of mind through key-fob access, video surveillance, and motion sensors.
The large fenced yard features 85 self-storage units, plus one oversized 24'x25' unit, complementing the adaptable ground-floor commercial and retail areas. The second level includes partially built-out office space and staff accommodation, allowing for flexible operational use or value-add redevelopment. Located within Penticton’s core industrial precinct, the property benefits from strategic access to regional transport corridors, business services, and surrounding amenities. Property only—business not included in sale.