Retail for Sale — Main North, Penticton, BC
$2,499,000
1413 Main Street, Penticton, BC V2A5G4
Property details
Structured details
- Lot dimensions
- 0.29
- Structure type
- Retail
- Parcel ID (PID)
- 009-200-614
Listing Information
- MLS®
- 10382369
- Listed
- April 7, 2026
- Time on market
- 160 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:63159)
Financing calculator
Estimate your monthly payment on the $2,499,000 asking price.
Financing details
- Monthly debt service
- $24,256
- Cash required at close
- $524,800
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (4)
- Kura15m
- White Spot · Main Street503m
- Earls · 1848 Main Street618m
- Boston Pizza710m
Cafes (3)
- Starbucks187m
- Starbucks · 1636 Main Street363m
- Wheatgrass Cafe · Main Street546m
Grocery (4)
- Safeway213m
- Canadian Wholesale Club · Main Street253m
- Whole Foods Market · Main Street529m
- Penticton IGA · 1160 Government Street775m
Parks (5+)
- Unnamed276m
- Unnamed475m
- Unnamed717m
- Kiawanis Park757m
- McLaren Park782m
Gyms (1)
- Unnamed498m
Pharmacies (2)
- Shoppers Drug Mart254m
- PharmaChoice · 1848 Main Street658m
Banks & ATMs (2)
- Unnamed197m
- Unnamed663m
Healthcare (3)
- Penticton Regional Hospital · 550 Carmi Avenue636m
- Pathways · 1848 Main Street649m
- Penticton Health Centre · 740 Carmi Avenue783m
Nearby places data: © OpenStreetMap contributors.
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All in Penticton →Frequently asked questions
What is the asking price for this business?
The asking price is $2,499,000.
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.