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100 Front St, Penticton, BC

Name: 100 Front St, For Sale in Penticton - Zoocasa
Brand: RE/MAX PENTICTON REALTY
SKU: 10376277
Price: 5500000 CAD

Real Estate

For Sale

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0021

MLS® 10376277

Overview

Key Facts

Type Office

Levels Commercial Sale

Size 18934 sqft

Garage No

Maintenance Fees

Taxes $47,110

Days Active 1

Approx. Age 1995

Avg. Price Per Sqft $290

MLS® Number 10376277

Property Address: 100 Front St, Penticton, BC, V2A1H1

Average square foot calculated using Size range provided by listing agent.

Description

Amazing investment opportunity downtown Penticton. Fully leased office building with 3 Tenants with escalating leases in the heart of downtown. With 18, 750 sqft of first-class office space this building sits on a 0.505 acre of land on Penticton’s colourful Front Street just one block to Okanagan Lake parks, beaches and events. Front Street is the premiere commercial street in the downtown area. There is a popular walking trail running along Penticton Creek right behind the building with a bridge that crosses to Ellis Street. The parking lot has access from both Front Street and from the alley that accesses Backstreet Boulevard. This building has high quality lease hold improvements throughout. RBC Dominion Lending has occupied the building since 1994 with 5, 081 sqft of space leased; the City of Penticton leases the entire second floor area at 8, 385 sqft and has done extensive lease hold improvements; McLeod-Schneiderat Lawyers leasing 5, 285 sqft of space on the first floor and has also just completed extensive lease hold improvements. All leases are full triple-net leases with renewals. The building has 24 dedicated parking spaces and bike lock-up. The property is zoned C5 and offers many of long-term possibilities as Penticton’s best downtown zoning. (id:58753)Show Description

MLS® Number10376277

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1995

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

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Top Secret

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