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1413 Main Street, Penticton, British Columbia

$2,499,000

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0.29

Acres

About 1413 Main Street

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:6289)

Retail property for sale in Penticton, British Columbia at 1413 Main Street.

Features of 1413 Main Street

Listing # 10382369
Price $2,499,000
Bathrooms 0.00
Acres 0.29
Type Retail
Sub-Type Retail

Community Information: Main North

Address 1413 Main Street
Subdivision Main North
City Penticton
Province British Columbia
Postal Code V2A5G4

Amenities of 1413 Main Street

Is Waterfront No
Has Pool No

Interior of 1413 Main Street

Fireplace No
Has Basement No

Listing Details

OfficeColdwell Banker Horizon Realty

Listing Map

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