Penticton strip mall sold for $2.84M
The seven-unit retail property sold for above its assessed value
Copyright © Western Investor
A strip mall in a prime location in Penticton has sold for $2.84 million, the Green Real Estate Group of RE/MAX Penticton Realty reports.
The 14,000-square-foot strip mall has seven retail units and is located on a 1.2-acre lot. The property has commercial zoning. The site has an assessed value of $2.56 million and was listed for $3.1 million.
The property is located at 2436 Skaha Lake Rd., Penticton.
No. of Units: 7
Lot Size: 52,620 SF
Property Type: Retail
Zoning: C3 / C4
2018 B.C. Assessment Value: $2,563,000
Name of Brokerage: RE/MAX Penticton Realty
Do you have a Done Deal you'd like to promote? Submit here for a free posting!