#201 3115 Skaha Lake Road, Penticton, British Columbia V2A 6G5
$1,200,000
Excellent opportunity for investors, end users or a combination of both. This well maintained 7072 sq. ft. office space resides in a steel and concrete strata titled building located on high profile Skaha Lake Road Penticton BC. There are 72 parking stalls to accommodate employee and customer needs. Currently the space is divided into two units and fully tenanted. The main tenant occupies 6000 sq ft at a base rate of $7 a sq ft which is approximately 50% below market and expires March 2024. The other tenant pays $29 a sq ft as a gross lease. Massive potential to reconfigure into smaller spaces for multiple tenants. Office space is in high demand in the South Okanagan as there has been no new construction offices based on build costs and market lease rates. $170 cost per sq ft for land and building is extremally attractive as replacement cost would be significantly higher. (id:44708)
Business
| Business Type | Other |
| Business Sub Type | Offices |
Property Details
| MLS® Number | 198131 |
| Property Type | Industrial |
| Neigbourhood | Main South |
| Amenities Near By | Recreation, Shopping, Schools, Public Transit |
| Community Features | High Traffic Area |
| Features | Central Location, Flat Site |
Building
| Constructed Date | 1994 |
| Heating Type | Forced Air |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Recreation, Shopping, Schools, Public Transit |
| Sewer | Municipal Sewage System |
Utilities
| Sewer | Available |
https://www.realtor.ca/real-estate/25352200/201-3115-skaha-lake-road-penticton-main-south
Philip Fox
Personal Real Estate Corporation
#101-3115 Skaha Lake Rd
Penticton, British Columbia V2A 6G5
(250) 492-2266
(250) 492-3005
Diane Fox
Personal Real Estate Corporation
#101-3115 Skaha Lake Rd
Penticton, British Columbia V2A 6G5
(250) 492-2266
(250) 492-3005
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March 22 2023 11:28:03
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty