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Okanagan Falls industrial on 8.7 acres trades for $4 million

With easy access off Highway 97 in B.C.’s Okanagan, the parcel includes a commercial building, caretaker’s residence, and RV and boat storage, with expansion potential.
Re/Max Penticton Realty, Penticton, B.C., for Western Investor
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Re/Max Penticton Realty, Penticton, B.C., for Western Investor

Type of property: Industrial

Location: 4850 Weyerhauser Road, Okanagan Falls, B.C.

Size of property: 382,456.8 square feet.

Land size, in acres: 8.78 acres.

Zoning: I1 (industrial).

List price: $4.29 million.

Sale price: $4.0 million.

Date of sale: March 4, 2022.

Brokerage: Re/Max Penticton Realty, Penticton, B.C.

Brokers: John Green and Keith Jakes.