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AJ Hazzi

[email protected] +1(250) 717-3133

$ 999,000

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197 Warren AVE #102 Penticton, BC V2A8N8

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Industrial Area

MLS® Listing ID 10372408

Property Description

Excellent opportunity to acquire a well-performing commercial strata unit in Penticton. This 4,800 sq. ft. unit is occupied by a stable, long-term tenant who has been in place for over 10 years. A new 5-year escalating lease was signed in November 2025, providing strong and predictable income growth. At the current asking price, the property offers an attractive 6.4% cap rate, which is projected to increase to approximately 7.5% by the end of the lease term. This is a true hands-off investment, as all exterior repairs, maintenance, and common area responsibilities are managed by the strata. Ideal for investors seeking secure cash flow, long-term stability, and minimal management in a prime Penticton location (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Listed by RE/MAX Wine Capital Realty

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AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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Kelowna, BC, Canada

AJ Hazzi

197 Warren AVE #102 Penticton, BC V2A8N8

Key Details

Location

Rooms

Exterior

NEARBY SCHOOLS & PROPERTIES

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197 Warren AVE #102