HM Commercial Realty is pleased to present the opportunity for a rare industrial investment property with long-term secure tenants.
559 Okanagan Avenue East is well located in the main industrial area of Penticton, at the corner of Dartmouth Rd and Okanagan Ave/Industrial Ave.
- 0.62 acre corner site with secure yard
- 17,442 SF building comprised of 15,684 SF main floor and 1,758 SF 2nd floor
- Property is zoned M1 General Industrial
- 24 on-site parking spaces along Okanagan Avenue and Dartmouth Road
- Same property owner for 32 years, and owner-operated business until 2018
- Property is fully leased to a long-term manufacturing tenant
- Current 10 year lease term expires May 29, 2028 with 2 renewal options of 5 years remaining
559 Okanagan Avenue East, Penticton, BC, Canada
559 Okanagan Avenue E,
||LOT 4 DISTRICT LOT 3821S SIMILKAMEEN DIVISION YALE DISTRICT PLAN 12511
||559 Okanagan Avenue East is well located in the main industrial area of Penticton, at the corner of Dartmouth Rd and Okanagan Ave/Industrial Ave. The property is close to many major retailers like Canadian Tire, Home Hardware, and Walmart. The property is also down the street from Penticton Regional Hospital.
||0.62 acres (27,000.2 SF)
||M1 - General Industrial
|Future Land Use
|General Industrial (M1)
E. & O. Insurance. The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.
Sign up for our Newsletter
Enter your email address to consent to receiving emails from HM Commercial Realty on the latest research, news, new listings, and other commercial real estate information.