275 OKANAGAN AVENUE EAST

Penticton, , V2A3J8, Canada

$1,750,000

Industrial Property with Self-Storage Opportunity | Penticton **Asking price: $1,750,000** Located at 275 Okanagan Avenue East, this approximately 10,392 sq. ft., two-storey industrial building sits on a fully fenced, approximately 0.50-acre site in an established Penticton industrial area. The property includes commercial and office space, a self-storage facility and a fenced yard. The second floor is partially improved for office and staff use. The sellers are prepared to enter into a **proposed five-year lease with Rencon**, with a target return of **6.5%** at the asking price. The proposed annual net rent is $113,750, subject to finalizing the lease and confirming the allocation of property expenses. The purchaser may also elect to acquire the self-storage business as part of the purchase, with no separate asking price, or the business may remain with the current owners. The lease and storage-business arrangements will depend on the purchaser’s choice and final agreement. The property presents an opportunity for an investor or a buyer interested in an industrial property with a self-storage operation.

Last updated on : Monday 26th of October 2026 07:05:32 PM

ADDRESS

Street : 275 OKANAGAN AVENUE EAST

City : Penticton

Country : Canada

Postal Code : V2A3J8

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PROPERTY SUMMARY

Property ID : 10404533

Building Type : Residential Commercial Mix

Property Type : Other

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