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197 Warren Avenue Unit# 102
Industrial Area Penticton V2A 8N8

$999,000
Business

Main Photo: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
Photo 1: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
Photo 2: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
Photo 3: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
Photo 4: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
Photo 5: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
Status:
Active
Prop. Type:
Business
MLS® Num:
10372408
Build. Type:
Other
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:2493)
Property Type:
Business
Total Living Area:
0 sq. ft.
Community:
Industrial Area
Structure Type:
Other
Half Bathrooms:
0
Fireplace:
No
  • Photo 1: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
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  • Photo 2: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
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  • Photo 3: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
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  • Photo 4: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
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  • Photo 5: 197 Warren Avenue Unit# 102 in Penticton: Business for sale : MLS®# 10372408
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Listed by RE/MAX Wine Capital Realty
Data was last updated February 10, 2026 at 02:45 AM (UTC)
Jesse Chapman PREC*
Danielle Chapman
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Office: 250.493.2959
Royal LePage: 250.493.2244
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Royal LePage Locations West Realty, Brokerage
(Independently owned and operated)
484 Main Street
Penticton, BC V2A 5C5