Commercial

Commercial Real Estate in Penticton

Since 2001, Doug Chapman, has worked on a wide range of commercial listings in the Penticton and greater Okanagan region. From farmland to industrial, commercial to development, Doug is successful identifying the ideal commercial property for his client and executing the deal to their satisfaction. Doug and the rest of Team Chapman continue to provide next level insight and expertise when it comes to finding and purchasing the right commercial property for our clients' needs. In addition to Team Chapman's general expertise concerning commercial real estate deals, we also can provide details about individual neighbourhoods and relevant contacts in the area. This insight is the result of experiencing decades living and working in Penticton and the South Okanagan.

This type of insight cannot be duplicated by anyone else because it comes as a direct result of decades spent living and working in the Penticton community.

Commercial Property Search

The Industrial neighbourhood offers a great selection of affordable homes in all shapes and sizes in close proximity to urban amenities like shopping districts, schools and a local hospital. Whether you are interested in a smaller condo property, or a single family home with some surrounding acres of land, Industrial features properties ranging from 1/4 acre up to 5 acres. Unlike lots of other neighbourhoods in the area, prices in the Industrial neighbourhood have remained steady in recent years at roughly one million per acre plus improvements. While some may be hesitant to move into an area known for commercial and industrial development, Penticton's Industrial neighbourhood is extremely neat, clean and quiet compared to similar neighbourhoods in BC.

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  • 498 ELLIS Street in Penticton: Office for sale : MLS®# 10365728

    498 ELLIS Street Penticton V2A 4M2
    Main Photo: 498 ELLIS Street in Penticton: Office for sale : MLS®# 10365728

    498 ELLIS Street Penticton V2A 4M2

    $2,799,000
    Office
    Status:
    Active
    MLS® Num:
    10365728
    Floor Area:
    15,254 sq. ft.
    An exceptional opportunity to own a prime commercial office building in downtown Penticton! This well maintained building boasts a total of 15,254 square feet of leasable space, situated on a generous 0.172 acre lot. Featuring a diverse mix of individual work areas and communal spaces this property offers a versatile layout suitable for various business endeavors such as a law office or accounting firm. The main floor encompasses 5,897 square feet of leasable space, while an additional 5,881 square feet are available on the upper level plus 3,476 in the basement. This property has undergone recent upgrades including improvements to the HVAC, boiler system pumps, new hot water tank, new sump pump, and upgraded furnace. Strategically positioned on a corner lot and zoned C5 in the heart of the downtown core, this property offers excellent visibility and accessibility. Measurements taken from i-Guide. Contact the listing agent for a viewing. (id:2493) More details
    Listed by RE/MAX Penticton Realty
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 564 Main Street Unit# 120 in Penticton: Retail for lease : MLS®# 10365611

    564 Main Street Unit# 120 Penticton V2A 5C7
    Main Photo: 564 Main Street Unit# 120 in Penticton: Retail for lease : MLS®# 10365611

    564 Main Street Unit# 120 Penticton V2A 5C7

    $10.25 /sqft
    Retail
    Status:
    For Lease
    MLS® Num:
    10365611
    Build. Type:
    Retail
    Floor Area:
    2,069 sq. ft.
    Discover a rare opportunity in the heart of downtown Penticton’s vibrant 500 block. Available for the first time in over 18 years, this 2,069 sq. ft. retail space offers a unique setting for your business to flourish. Set within a charming building featuring C5 zoning, this unit opens into a beautifully gated common area courtyard that creates a welcoming transition from Main Street while offering a touch of privacy and calm. The courtyard’s character and atmosphere set the tone for a memorable customer experience and provide an inviting space for future tenants to complement one another. Managed by Locke Property Management Ltd., this property is poised for a refresh as new tenants bring renewed energy and life to the courtyard—an ideal backdrop for boutiques, studios, or specialty retail concepts seeking a destination-style location in Penticton’s core. (id:2493) More details
    Listed by Locke Property Management Ltd.
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 651 Main Street in Penticton: Retail for sale : MLS®# 10364537

    651 Main Street Penticton V2A 5C9
    Main Photo: 651 Main Street in Penticton: Retail for sale : MLS®# 10364537

    651 Main Street Penticton V2A 5C9

    $499,000
    Retail
    Status:
    Active
    MLS® Num:
    10364537
    Build. Type:
    Retail
    Floor Area:
    1,610 sq. ft.
    Here is your chance to own a sought after piece of property on Main Street in Penticton. The building features just over 1,600 square foot on the main floor as well as additional storage in the partial concrete basement. This prime commercial space offers a highly visible and sought-after location in the heart of Penticton's vibrant downtown. Boasting a spacious and versatile interior, this property is essentially a blank slate and ideal for entrepreneurs and businesses seeking to establish or expand their presence in the city. With its proximity to an array of shopping, restaurants, and a steady flow of foot traffic, don't miss the chance to make this prime location your own. The C5 zoning provides multiple options for business development, and immediate possession is available. This space has both Main Street and alley access along with two off-street parking spaces located in the rear. All dimensions to be confirmed by the buyer. Property also listed for Lease MLS#10364558. Seller will consider Seller Financing (id:2493) More details
    Listed by Real Broker B.C. Ltd
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 651 Main Street in Penticton: Retail for lease : MLS®# 10364558

    651 Main Street Penticton V2A 5C9
    Main Photo: 651 Main Street in Penticton: Retail for lease : MLS®# 10364558

    651 Main Street Penticton V2A 5C9

    $12 /sqft
    Retail
    Status:
    For Lease
    MLS® Num:
    10364558
    Build. Type:
    Retail
    Floor Area:
    1,610 sq. ft.
    Here is your chance to lease a sought after piece of property on Main Street in Penticton. The building features just over 1,600 square foot on the main floor as well as additional storage in the partial concrete basement. This prime commercial space offers a highly visible and sought-after location in the heart of Penticton's vibrant downtown. Boasting a spacious and versatile interior, this property is essentially a blank slate and ideal for entrepreneurs and businesses seeking to establish or expand their presence in the city. With its proximity to an array of shopping, restaurants, and a steady flow of foot traffic, don't miss the chance to make this prime location your own. The C5 zoning provides multiple options for business development, and immediate possession is available. This space has both Main Street and alley access along with two off-street parking spaces located in the rear. All dimensions to be confirmed by the buyer. Property also listed for Sale MLS#10364537. (id:2493) More details
    Listed by Real Broker B.C. Ltd
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 40 Calgary Avenue in Penticton: Office for sale : MLS®# 10364429

    40 Calgary Avenue Penticton V2A 2T6
    Main Photo: 40 Calgary Avenue in Penticton: Office for sale : MLS®# 10364429

    40 Calgary Avenue Penticton V2A 2T6

    $3,600,000
    Office
    Status:
    Active
    MLS® Num:
    10364429
    Floor Area:
    14,906 sq. ft.
    Prime development property Center of Penticton 1.798 Acres approx 460 ft of road frontage C4 Zoning, aside to Penticton Plaza that hosts anchor tenants such as Safeway, Shoppers Drugmart, BCLB and Wendy's fast food outlet. Subject property hosts primary long term tenant Service BC. 3 buildings, total office space nearly 15,000sq ft (id:2493) More details
    Listed by Chamberlain Property Group
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 1475 Fairview Road Unit# 111 in Penticton: Business for sale : MLS®# 10364262

    1475 Fairview Road Unit# 111 Penticton V2A 7W5
    Main Photo: 1475 Fairview Road Unit# 111 in Penticton: Business for sale : MLS®# 10364262

    1475 Fairview Road Unit# 111 Penticton V2A 7W5

    $114,900
    Business
    Status:
    Active
    MLS® Num:
    10364262
    Build. Type:
    Other
    Floor Area:
    1,668 sq. ft.
    Turn-key Janitorial supply and distribution business for sale! Located in the high-traffic Cannery Trade Centre in Penticton! This well-established business has a solid book of repeat customers. The operation is easy to run and ideal for an owner-operator looking to be their own boss, offering significant potential to scale and grow! Financials available upon request with signed NDA. Contact the listing agent today for more information or to schedule a private showing. (id:2493) More details
    Listed by RE/MAX Penticton Realty
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 322 Main Street in Penticton: Retail for sale : MLS®# 10363712

    322 Main Street Penticton V2A 5C3
    Main Photo: 322 Main Street in Penticton: Retail for sale : MLS®# 10363712

    322 Main Street Penticton V2A 5C3

    $709,900
    Retail
    Status:
    Active
    MLS® Num:
    10363712
    Build. Type:
    Retail
    Floor Area:
    1,300 sq. ft.
    Seize the opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., offering an exceptional opportunity for investors seeking passive, long-term returns. Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two fully leased units with invested tenants. 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant. With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio. The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building. Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton. (id:2493) More details
    Listed by Engel & Volkers South Okanagan
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 78 Industrial Avenue W Unit# 101 in Penticton: Business for lease : MLS®# 10363193

    78 Industrial Avenue W Unit# 101 Penticton V2A 6M2
    Main Photo: 78 Industrial Avenue W Unit# 101 in Penticton: Business for lease : MLS®# 10363193

    78 Industrial Avenue W Unit# 101 Penticton V2A 6M2

    $16 /sqft
    Business
    Status:
    For Lease
    MLS® Num:
    10363193
    Build. Type:
    Other
    Floor Area:
    2,087 sq. ft.
    Opportunity to lease 2,087 SF of high-exposure warehouse/showroom space in Ellis Creek Industrial Park. This end cap unit features a reception area, one office, one washroom, an open showroom, and a 12' x 12' bay door for convenient loading and unloading. The property offers ample on-site parking, along with building and pylon signage. The C7 (Service Commercial) zoning provides excellent flexibility, permitting a wide range of service-oriented and commercial uses — including warehousing, distribution, light manufacturing, and equipment sales. (id:2493) More details
    Listed by Venture Realty Corp.
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 383 Ellis Street Unit# 203 in Penticton: Office for rent : MLS®# 10359315

    383 Ellis Street Unit# 203 Penticton V2A 4L8
    Main Photo: 383 Ellis Street Unit# 203 in Penticton: Office for rent : MLS®# 10359315

    383 Ellis Street Unit# 203 Penticton V2A 4L8

    $2,500 /mth
    Office
    Status:
    For Rent
    Floor Area:
    2,366 sq. ft.
    Opportunity to lease 2,366 sq ft of office space in The Ellis Professional Building, located on a high profile corner location in downtown Penticton. With a flexible layout, these combined spaces present a versatile solution for your office requirements. The floorplan offers 7 office spaces, reception, kitchenette, and plenty of storage space. Ideal for a legal or accounting firm. Bring your ideas. Basic rent is $2,500 per month plus parking, storage, triple net expenses and GST. 7 reserved parking spaces available. Most of the office furniture can stay during the duration of the remaining lease, if required. Measurements taken from i-Guide. Call listing agent today for a viewing. (id:2493) More details
    Listed by RE/MAX Penticton Realty
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 535 Main Street Unit# 140 in Penticton: Office for rent : MLS®# 10357708

    535 Main Street Unit# 140 Penticton V2A 5C6
    Main Photo: 535 Main Street Unit# 140 in Penticton: Office for rent : MLS®# 10357708

    535 Main Street Unit# 140 Penticton V2A 5C6

    $1,500 /mth
    Office
    Status:
    For Rent
    Floor Area:
    535 sq. ft.
    Professional office space leasing opportunity in the heart of downtown Penticton, located in Tiffany's Boutique Mall. 535 sq ft. Gross lease is $1,500 per month + GST. Wheelchair accessible. All measurements are approximate. Call listing agent today for a viewing. (id:2493) More details
    Listed by RE/MAX Penticton Realty
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 535 Main Street Unit# 125 in Penticton: Office for rent : MLS®# 10357710

    535 Main Street Unit# 125 Penticton V2A 5C6
    Main Photo: 535 Main Street Unit# 125 in Penticton: Office for rent : MLS®# 10357710

    535 Main Street Unit# 125 Penticton V2A 5C6

    $1,300 /mth
    Office
    Status:
    For Rent
    Floor Area:
    425 sq. ft.
    Professional office space leasing opportunity in the heart of downtown Penticton, located in Tiffany's Boutique Mall. 425 sq ft. Gross lease is $1,300 per month + GST. Wheelchair accessible. All measurements are approximate. Call listing agent today for a viewing. (id:2493) More details
    Listed by RE/MAX Penticton Realty
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman

  • 366 Main Street in Penticton: Office for rent : MLS®# 10357147

    366 Main Street Penticton V2A 5C3
    Main Photo: 366 Main Street in Penticton: Office for rent : MLS®# 10357147

    366 Main Street Penticton V2A 5C3

    $3,200 /mth
    Office
    Status:
    For Rent
    Floor Area:
    1,950 sq. ft.
    Recently renovated 1,900 sq ft professional office space located in one of Penticton's downtown premium blocks. This exceptional lease space features a welcoming reception area with two dedicated workstations, six private offices of varying sizes enhanced by elegant full-glass partition walls and doors, a professional boardroom, convenient lunch area, and an expansive open flex space. This versatile layout seamlessly accommodates diverse professional practices including law firms, accounting practices, medical offices, and specialized professional service businesses. The intelligent floor plan configuration enables tenants to sublease excess space to qualified professionals, making this vibrant downtown location financially accessible. All measurements approximate, Buyer(s) to verify if important. (id:2493) More details
    Listed by Chamberlain Property Group
    LISTING DETAILS
    Jesse Chapman PREC*
    Danielle Chapman
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Data was last updated October 22, 2025 at 05:15 AM (UTC)
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Royal LePage: 250.493.2244
Fax: 250.492.6640
Email: info@teamchapman.ca

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Royal LePage Locations West Realty, Brokerage
(Independently owned and operated)
484 Main Street
Penticton, BC V2A 5C5