1/51704 Government Street Unit# 1, Penticton
1704 Government Street Unit# 1, Penticton, BC V2A7A1
$22 per sq ft / yr
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
82%
About this property
Approximately 2000 sq.ft. commercial space available for lease. Located within a rapidly evolving area and benefiting from the proximity to Penticton Regional Hospital, the space offers exceptional exposure, accessibility, and built-in daily traffic. Whether envisioned as a cafe, wine bar, wellness-focused concept, specialty food destination, or another community-oriented use, this is an opportunity to establish a business that becomes an integral part of the community. Beautifully finished with luxury details, the space offers a turnkey opportunity requiring minimal modifications for future tenants. If you're looking to establish or expand your business, this is a space worth exploring. Contact the listing agents for leasing details and to arrange a site visit. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-6.05%
DSCR
0.67
Going-in cap
3.73%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
125,942
Households
45,136
Median income
$123,500
Median age
35.8
Daytime population
124,376
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1704 Government Street Unit# 1, Penticton.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.