MLS® 10376140

Industrial for Sale — Columbia/Duncan, Penticton, BC

$2,500,000

1120 ANTLER Drive, Penticton, BC V2A0C9

6
Walk Score
19
Bike
Walk Score® by Redfin
For Sale
1.24 acres
Lot size
6
Walk Score
19
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Annual property tax
$14,255.93
Lot dimensions
1.24
Structure type
Other
Current use
Industrial
Parcel ID (PID)
031-461-085
Water source
Municipal water
Lot features
Private setting

Listing Information

MLS®
10376140
Listed
February 24, 2026
Time on market
202 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Attention Investors and Developers! Incredible and rare opportunity at The Ridge Penticton to develop this 1.245 acre multi-family RM3 zoned site. Situated in one of Penticton's most sought after new developments nestled among gentle rolling mountains and scenic natural landscape with endless panorama of open skies. Immerse yourself in nature with the countless outdoor adventures available in our beautiful four seasons climate. Penticton's spectacular golf courses, ski hills and miles of warm sandy beaches are just minutes away and an extensive system of forested walking and hiking trails is located directly in your backyard. Create your Dream! Call the Listing Representative today for a detailed package. (id:63159)

Financing calculator

Estimate your monthly payment on the $2,500,000 asking price.

Financing details
Monthly debt service
$24,266
Cash required at close
$525,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Penticton)

Population
36,885(+9.3% since 2016)
Population density
857.2/km²
Median household income
$68,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
17.6%
Postsecondary below bachelor's
33.7%
High school diploma
33.4%
No certificate/diploma
15.3%

Population aged 15 and over.

Commute

Car, truck or van
80.5%
Public transit
1.9%
Walked
12.1%
Bicycle
2.1%
Other
3.4%

Commute duration

Under 15 min
64.3%
15–29 min
21.2%
30–44 min
7.3%
45–59 min
3.4%
60+ min
3.9%

Employed labour force with a usual workplace.

Mother Tongue

English85.7%
Punjabi (Panjabi)2.1%
German1.7%
French1.7%
Tagalog (Pilipino, Filipino)0.7%
Spanish0.6%
Portuguese0.6%
Dutch0.5%
Italian0.3%
Hungarian0.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Parks (2)

  • Unnamed397m
  • Unnamed691m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Penticton

Frequently asked questions

What is the asking price for this business?

The asking price is $2,500,000.

Where is this business located?

This listing is located in Penticton, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.