260 OKANAGAN Avenue E - Photo 1 of 25, Penticton, British Columbia
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$2,598,000

260 OKANAGAN Avenue E — Penticton, British Columbia

V2A3J7

18Parking
1960Built
1Lot Sq Ft

About This Property

High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:63357)

Property Details

Property Type
Other
Half Baths
0
Year Built
1960
Status
Active

Location & Neighborhood

What's nearby 260 OKANAGAN Avenue E

Lifestyle Summary

At 260 Okanagan Avenue East in Penticton, your daily routine is effortlessly anchored by convenience and accessibility. With the Penticton Transit Centre just a short 3-minute walk away, your mornings can begin with a seamless commute. Imagine stepping out of your home, grabbing a refreshing iced coffee from Starbucks (only 6 minutes away), and hopping on a bus that whisks you off to your destination. The ease of public transport allows you to embrace both city life and the stunning natural beauty of the Okanagan Valley without the hassle of traffic. When it comes to dining, your taste buds are in for a treat. The Wheatgrass Cafe, located a mere 4 minutes from your doorstep, is perfect for those who crave healthy, delicious meals. Whether you're stopping by for a quick breakfast or a leisurely lunch, the atmosphere is always inviting. For dinner, options abound with Boston Pizza and Earls merely 4 minutes away—ideal for a casual night out or a more upscale dining experience. And if you’re in the mood for a classic burger, White Spot is just a 5-minute stroll, making it easy to satisfy those cravings. Your shopping needs are also well catered to, with Whole Foods Market just 4 minutes away. Picture picking up organic ingredients for dinner after a refreshing walk. Save-On-Foods, only 7 minutes from home, offers a convenient stop for everyday essentials. Whether you’re stocking up for the week or just grabbing a few items, the proximity of these stores makes errands feel effortless rather than time-consuming. Moreover, families will appreciate the close-knit community feel, with Carmi Elementary School just a 6-minute walk. The ease of dropping off the kids and quickly returning home allows for more quality family time. In this urban oasis, not only do you embrace a lifestyle rich in culinary and shopping experiences, but you also enjoy the simplicity of daily life with all your needs just a few minutes away. This is the essence of living at 260 Okanagan Avenue East—where every day is tailored to comfort and convenience.

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Last updated: Mar 2, 2026

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$2,598,000