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Other | For sale
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#201 3115 SKAHA LAKE Road,, Penticton, British Columbia V2A6G5
Main South$1,200,000
$3548/ month
Mortgage Payment
Beds
Baths
Description
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 S
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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:44040)
#201 3115 SKAHA LAKE Road,, Penticton, British Columbia | Guglu Homes
This Commercial property located at #201 3115 SKAHA LAKE Road,, Penticton, British Columbia is approximately 0 in area. This Other located in the Main South neighbourhood of Penticton city has a ownership status and is currently on sale for $1,200,000 canadian dollars. This property MLS#: 198131 has been live on our site for 10 days
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Harminder Grewal
Harminder has more than 10 years of experience.
Language:
English
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Within an hour
Andrew Wilson
Andrew has more than 10 years of experience.
Language:
English
Response Time:
Within an hour
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The listing data is deemed reliable but is not guaranteed accurate by TRREB or Guglu Homes Inc.
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association or Guglu.
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