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Main Photo: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 1: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 2: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 3: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 4: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 5: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 6: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Photo 7: 1413 Main Street in Penticton: Retail for sale : MLS®# 10382369
Status:
Active
Prop. Type:
Retail
MLS® Num:
10382369
Build. Type:
Retail
Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:2493)
Property Type:
Retail
Community:
Main North
Structure Type:
Retail
Half Bathrooms:
0
Fireplace:
No
Lot Size:
12,632 sq. ft.
Lot Details:
0.29
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Listed by Coldwell Banker Horizon Realty
Data was last updated April 19, 2026 at 09:15 AM (UTC)
Jesse Chapman PREC*
Danielle Chapman
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Royal LePage Locations West Realty, Brokerage
(Independently owned and operated)
484 Main Street
Penticton, BC V2A 5C5