Retail for Sale — Main North, Penticton, BC
$4,790,000
1505 Main Street, Penticton, BC V2A5G7
Property details
Structured details
- Annual property tax
- $26,823
- Lot dimensions
- 0.7
- Structure type
- Retail
- Parcel ID (PID)
- 017-996-708
- Parking
- 37 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Other
- Cooling
- Central air conditioning
- Roof
- Tar & gravel, Unknown
- Security
- Security
- Lot features
- Level lot
Listing Information
- MLS®
- 10391746
- Listed
- July 3, 2026
- Time on market
- 73 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, most of the roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:63159)
Financing calculator
Estimate your monthly payment on the $4,790,000 asking price.
Financing details
- Monthly debt service
- $46,493
- Cash required at close
- $983,000
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (4)
- Kura165m
- White Spot · Main Street324m
- Earls · 1848 Main Street439m
- Boston Pizza531m
Cafes (4)
- Starbucks · 1636 Main Street186m
- Starbucks335m
- Wheatgrass Cafe · Main Street371m
- Tim Hortons709m
Grocery (3)
- Canadian Wholesale Club · Main Street159m
- Whole Foods Market · Main Street354m
- Safeway364m
Parks (3)
- Unnamed251m
- Unnamed654m
- Ellis Creek Park769m
Gyms (1)
- Unnamed674m
Pharmacies (2)
- Shoppers Drug Mart421m
- PharmaChoice · 1848 Main Street480m
Banks & ATMs (2)
- Unnamed350m
- Unnamed484m
Healthcare (3)
- Pathways · 1848 Main Street472m
- Penticton Regional Hospital · 550 Carmi Avenue552m
- Penticton Health Centre · 740 Carmi Avenue715m
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 $4,790,000.
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 15, 2026.