Downtown Penticton commercial building sold for $1.7M

The two-storey building provides secure cashflow from its anchor tenant, Blenz Coffee

By
for Western Investor
November 29, 2018





blenz coffee penticton
A two-storey commercial property in downtown Penticton has sold for $1.7 million, according to HM Commercial Group of Macdonald Realty Kelowna.
 
The income-producing property includes both retail and office units, with a Blenz Coffee shop as its anchor tenant. The building is 12,700 square feet, located on a high profile, corner location in the covered 200 block of downtown at the corner of Main Street and Nanaimo Avenue. 
 
The property is located 284 Main St., Penticton. 
 

Breakdown: 

 
Price: $1,700,000
Lot Size: 12,700 SF
Property Type: Retail
Zoning: C5
2017 B.C. Assessment Value: $1,731,000
City: Penticton 
Province: B.C.
Name of Brokerage: Macdonald Realty Kelowna
 

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