Automotive Businesses for Sale — Main South, Penticton, BC
$2,350,000
2595 Skaha Lake Road, Penticton, BC V2A6E8
Property details
Structured details
- Annual property tax
- $23,293
- Lot dimensions
- 0.45
- Structure type
- Other
- Parcel ID (PID)
- 024-580-431
- Parking
- 12 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Forced air, See remarks
- Cooling
- Heat Pump, See Remarks
- Roof
- Tar & gravel, Unknown
Listing Information
- MLS®
- 10395582
- Listed
- July 24, 2026
- Time on market
- 52 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 – Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator—a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:63159)
Financing calculator
Estimate your monthly payment on the $2,350,000 asking price.
Financing details
- Monthly debt service
- $22,810
- Cash required at close
- $495,000
- 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
Cafes (3)
- Tim Hortons245m
- Blenz Coffee · 2111 Main Street547m
- Second Cup601m
Grocery (2)
- Save-On-Foods701m
- Penticton Global Grocers · 2150 Main Street716m
Shopping (2)
- Walmart · 275 Green Avenue West552m
- Cherry Lane Shopping Centre · 2111 Main Street583m
Parks (2)
- Lions Park · 198 Warren Avenue West570m
- Unnamed655m
Pharmacies (3)
- London Drugs467m
- Skaha Pharmacy735m
- Rexall · 3030 Skaha Lake Road765m
Banks & ATMs (3)
- Interior Savings · 251 Green Avenue West570m
- TD601m
- Valley First Credit Union · Main Street662m
Healthcare (1)
- Sage Medical Clinic · 101 2210 Main Street703m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this automotive businesse?
The asking price is $2,350,000.
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.