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Price on request
—
Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
92%
Lot Size
0.11 ac
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 681 MAIN Street, 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.