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402 Industrial Ave E
Penticton, BC V2A 3J1
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • HIGH TRAFFIC CORNER ADJACENT TO NEW REGIONAL HOSPITAL
  • POTENTIAL CAP RATE OF 4.5% (40% OF NEWLY RENOVATED BUILDING IS CURRENTLY VACANT)
  • ACROSS THE STREET FROM POPULAR CREEK NATURE WALK
  • MAJORITY OF BUILDING LEASED TO DEC 2025 WITH OPTIONS TO EXTEND

PROPERTY FACTS

Property Type Industrial
Building Class B
Lot Size 0.88 AC
Rentable Building Area 16,062 SF
No. Stories 1
Year Built/Renovated 1968/2019
Parking Ratio 1.99/1,000 SF
Zoning M1 - Industrial, Industrial Showroom, Retail Storefront
  • Listing ID: 18664200

  • Date on Market: 2/27/2020

  • Last Updated:

  • Address: 402 Industrial Ave E, Penticton, BC V2A 3J1

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