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.
-
575 Main Street Unit# 203 in Penticton: Office for rent : MLS®# 10349540
575 Main Street Unit# 203 Penticton V2A 5C6 $3,500 /mthOffice- Status:
- For Rent
- Floor Area:
- 3,500 sq. ft.325 m2
Excellent professional office space in downtown Penticton. 3,500 sq ft on second floor in a secure building - can be split into two separate lease spaces. Ideal for a medical, dental or financial office. $1,750 - $3,500 per month (depending on space leased) + triple net expenses/utilities/GST. Easy access & handicapped adapted with an elevator. Measurements are approximate. Call listing agent today for a viewing. (id:2493) More detailsListed by RE/MAX Penticton Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
301 Main Street Unit# 104 in Penticton: Office for rent : MLS®# 10349536
301 Main Street Unit# 104 Penticton V2A 5B7 $1,250 /mthOffice- Status:
- For Rent
- Floor Area:
- 680 sq. ft.63 m2
LOCATION LOCATION LOCATION! NANAIMO SQUARE! Located at 301 Main Street. Penticton's foremost location prime office and/or retail space is available. Easy access & handicapped adapted with an elevator. Bring your business ideas. Retail, Office, Professional. 680 sq ft. Gross lease is $1,250 per month + GST. All measurements are approximate. Call listing agent today for a viewing. (id:2493) More detailsListed by RE/MAX Penticton Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
301 MAIN Street Unit# 202 in Penticton: Office for lease : MLS®# 10348198
301 MAIN Street Unit# 202 Penticton V2A 5B7 $13.50 /sqftOffice- Status:
- For Lease
- MLS® Num:
- 10348198
- Floor Area:
- 840 sq. ft.78 m2
LOCATION LOCATION LOCATION! NANAIMO SQUARE! Located at 301 Main Street. Penticton's foremost location prime office and/or retail space is available. Easy access & handicapped adapted with an elevator. Bring your business ideas. 840 sq ft. $13.50 per sq ft, per annum + triple net expenses. All measurements are approximate. Call listing agent today for a viewing. (id:2493) More detailsListed by RE/MAX Penticton Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
78 INDUSTRIAL Avenue Unit# 101 in Penticton: Condo for rent : MLS®# 10347792
78 INDUSTRIAL Avenue Unit# 101 Penticton V2A 6M2 $4,090 /mthRetail- Status:
- For Rent
- Build. Type:
- Retail
- Floor Area:
- 2,087 sq. ft.194 m2
For more information, please click Brochure button. Prime Commercial Retail Space for Lease – 78 Industrial Ave W, Penticton, BC. An exceptional leasing opportunity is now available in the heart of Penticton. This highly visible, 2,087 sq. ft. street-facing corner unit is located on a busy thoroughfare, offering excellent exposure, large display windows, and a welcoming façade—ideal for attracting foot traffic and promoting your business. The space is easily accessible and includes ample onsite parking for both customers and staff. Zoned C7 Commercial, it allows for a wide range of retail uses, providing flexibility for various business types and operations. The lease terms are competitive, with a minimum commitment of three years. This includes property taxes, garbage collection, lot maintenance, snow removal, and more, offering convenience and peace of mind. Whether you're establishing a new venture or expanding your current business, this versatile space is perfectly situated in one of Penticton’s most active commercial areas. Don’t miss this opportunity to secure a prime retail location with strong visibility and community presence. (id:2493) More detailsListed by Easy List Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
651 MAIN Street in Penticton: Retail for sale : MLS®# 10346792
651 MAIN Street Penticton V2A 5C9 $569,000Retail- Status:
- Active
- MLS® Num:
- 10346792
- Build. Type:
- Retail
- Floor Area:
- 1,610 sq. ft.150 m2
Here is your chance to own a sought after piece of property on Main Street in Penticton. The building features just under 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#10341106. Property Marketed by The Aitkens Group - REAL Broker. (id:2493) More detailsListed by Real Broker B.C. Ltd- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
166 MAIN Street Unit# 101 in Penticton: Retail for sale : MLS®# 10345326
166 MAIN Street Unit# 101 Penticton V2A 5A6 $95,000Retail- Status:
- Active
- MLS® Num:
- 10345326
- Build. Type:
- Retail
A rare opportunity to own a well-established, turnkey business in a prime, high-traffic location—just steps from Okanagan Lake, Lakeside Resort, and Gyro Park. Situated in the heart of the popular Penticton Farmers’ Market area, this vibrant space offers outstanding visibility and consistent foot traffic throughout the year. Ogo’s is a local favorite with decades of history, offering a wide selection of premium ice cream, chimney cakes, and other food items. The space has a fun, inviting vibe with indoor seating and a sidewalk patio. This is a fully equipped operation ready for new ownership. The asking price reflects the value of the equipment and inventory alone. Major equipment includes a 48-flavour ice cream display freezer, walk-in cooler and freezer. A flexible and affordable lease is available to be confirmed by the Landlord. Whether you're continuing the existing concept or bringing your own vision to life, this is an incredible opportunity to run your own business in one of Penticton’s most desirable downtown locations. (id:2493) More detailsListed by Chamberlain Property Group- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
2595 Skaha Lake Road in Penticton: Business for sale : MLS®# 10344403
2595 Skaha Lake Road Penticton V2A 6E8 $2,350,000Business- Status:
- Active
- MLS® Num:
- 10344403
- Build. Type:
- Other
- Floor Area:
- 1,075 sq. ft.100 m2
CONTINGENT: Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 – Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator—a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:2493) More detailsListed by eXp Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
281 NORTON Street in Penticton: Business for sale : MLS®# 10344763
281 NORTON Street Penticton V2A 4H8 $1,425,000Business- Status:
- Active
- MLS® Num:
- 10344763
- Build. Type:
- Other
- Floor Area:
- 6,300 sq. ft.585 m2
Six unit walk-up apartment, consists of 4 - two bedroom units and 2 - studio units. All units have fridge/stove and wall air conditioner, hotwater tank, shared laundry in the building. All units are maintained with low turn over. Two units have been recently updated with new kitchens and bathrooms, new flooring and paint. Opportunity for development - property next door is also available. (id:2493) More detailsListed by Front Street Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
293 NORTON Street in Penticton: Business for sale : MLS®# 10344753
293 NORTON Street Penticton V2A 4H8 $1,960,000Business- Status:
- Active
- MLS® Num:
- 10344753
- Build. Type:
- Other
- Floor Area:
- 3,750 sq. ft.348 m2
8 walk up apartments, consisting of 4 - one bedroom apartments and 4 - two bedroom apartments. All units have been maintained with low turnover volume. Some units have been updated with carpet and linoleum and painted. All units have fridge/stove and wall air conditioner and their own hot water tank. Shared laundry in the building. Opportunity for redevelopment - property next door is also available. (id:2493) More detailsListed by Front Street Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
2 Front Street in Penticton: Office for sale : MLS®# 10344173
2 Front Street Penticton V2A 1H1 $2,250,000Office- Status:
- Active
- MLS® Num:
- 10344173
- Floor Area:
- 5,885 sq. ft.547 m2
Best location in town! Located in the heart of Downtown Penticton. Great location a very high exposure situated on a 5 corner intersection: Front Street, Main Street, Back Street Blvd, Westminster Ave. Property has 2 addresses, situated on 4 lots. Two major financial institutions on the adjacent corners. Plenty of potential for retail, health services, restaurant, daycare, office, etc and/or future development. Tenants are on a month to month tenancy. Building and land only for Sale. (id:2493) More detailsListed by Front Street Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
626 MARTIN Street in Penticton: Office for rent : MLS®# 10343703
626 MARTIN Street Penticton V2A 5L6 $3,000 /mthOffice- Status:
- For Rent
- Floor Area:
- 976 sq. ft.91 m2
Amazing small office building for Lease with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. Also listed for Sale -- On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units. (id:2493) More detailsListed by RE/MAX Penticton Realty- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
-
2436 Skaha Lake Road Unit# 104 in Penticton: Retail for rent : MLS®# 10341948
2436 Skaha Lake Road Unit# 104 Penticton V2A 6E9 $16 /mthRetail- Status:
- For Rent
- Build. Type:
- Retail
- Floor Area:
- 755 sq. ft.70 m2
Now available for lease in Royal Plaza, this ~755 sq. ft. unit offers an efficient layout suitable for a variety of retail or service-based uses. Positioned along Skaha Lake Road, a main arterial route in Penticton’s Main South neighbourhood, the property benefits from high visibility, on-site common parking, and prominent signage opportunities. Royal Plaza is a well-established commercial centre with a diverse tenant mix and convenient access for both vehicle and pedestrian traffic. Available May 1st 2025. (id:2493) More detailsListed by Royal LePage Kelowna- Jesse Chapman PREC*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
get in touch
Contact Us
Office: 250.493.2959
Royal LePage: 250.493.2244
Fax: 250.492.6640
Email: info@teamchapman.ca

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