For Sale · Office

681 MAIN Street, Penticton

681 MAIN Street, Penticton, BC V2A5C9

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

92%

Lot Size

0.11 ac

About this property

Excellent commercial opportunity with prime Main Street frontage in Penticton! Offering over 1900 sq. ft. of bright, modern space, this well-maintained building features an updated interior, abundant natural light, and numerous private offices to accommodate a variety of business needs. A modern kitchen, updated bathrooms, and a functional layout create a professional and welcoming environment. Zoned C5 (Urban Centre Commercial), the property offers flexibility for a wide range of commercial uses, with potential for a combination of commercial and residential space, subject to City approval and applicable regulations. With excellent street exposure and a central location, this versatile property presents an outstanding opportunity for business owners, professionals, and investors alike. Plus GST and Insurance cost (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

42,313

Households

17,210

Median income

$104,500

Median age

35.2

Daytime population

51,558

5-yr growth

8.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 681 MAIN Street, Penticton.

NDA required
  • 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.