135 ORCHARD Avenue, Penticton, British Columbia V2A1X7
Listing courtesy of RE/MAX Penticton Realty.
- $2,100,000
- List Price
- $2,100,000
- MLS®
- 201978
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Other
- Agent Name
- John Green
- Agent Phone
- 250-486-5353
- Lot Size Dimensions
- 0.5
- Lot Size
- 21,780
- Subdivision
- Main North
Property Description
Introducing Orchard House – an iconic 13,000 SF mixed-use commercial building situated on a half-acre of underutilized land with ample parking and extra land space. This versatile property comprises 6 apartments, an event hall with amenities and a large commercial rental space on the second floor currently leased by a successful Dance School. The well-maintained apartments offer a mix of 4 1-bedroom 1-bath units and 2 studios, all currently occupied and under market rents. The main entrance has a spacious vestibule, with commercial washrooms. The Event Hall accommodates 200 people and features a commercial kitchen, a fully equipped music/theater stage, along with several rooms and storage. The second floor, approx 4,000 SF has been configured into 5 areas to accommodate the current tenant. This is a fantastic investment opportunity with a good income stream and is priced equivalent to its land value offering many options for future growth and potential expansion. (id:5764)
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Additional Information
- Ownership
- Freehold
- Subdivision
- Main North
- Zoning
- Unknown
- Country
- Canada
- Sewer
- Municipal sewage system
- Roof
- Conventional
- Heating
- Forced air, See remarks
- Lot Size
- 21,780
- Zoning
- Unknown
