Commercial listings
197 Warren Avenue Unit# 102
Industrial Area
Penticton
V2A 8N8
$999,000
Business
- Status:
- Active
- Prop. Type:
- Business
- MLS® Num:
- 10372408
- Build. Type:
- Other
- Photos (5)
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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.0 m2
- Community:
- Industrial Area
- Structure Type:
- Other
- Half Bathrooms:
- 0
- Fireplace:
- No
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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*
- Royal LePage Locations West Realty
- 250.490.6178
- jesse@teamchapman.ca
- Danielle Chapman
- Royal LePage Locations West Realty
- 250.490.6989
- danielle@teamchapman.ca
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Royal LePage Locations West Realty, Brokerage
(Independently owned and operated)
484 Main Street
Penticton, BC V2A 5C5
