Industrial for Sale — Industrial Area, Penticton, BC
$525,000
325 CHERRY Avenue Unit# 106, Penticton, BC V2A8R2
Property details
Structured details
- Ownership
- Condo/Strata
- Annual property tax
- $2,555
- Lot dimensions
- 0.68
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 023-414-146
- Strata/association fee
- $1,322/yearly
- Parking
- 3 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Electric, See remarks
- Roof
- Other, Unknown
- Exterior
- Concrete
- Fencing
- Chain link
Listing Information
- MLS®
- 10395565
- Listed
- August 6, 2026
- Time on market
- 39 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
1,486 SF industrial building located in Penticton's established industrial area and zoned M1- General Industrial, offering excellent flexibility for a variety of industrial and commercial users. Constructed of durable concrete, the building features 16-foot ceilings, an efficient warehouse/shop layout with a small mezzanine, washroom, and grade-level loading through an 8' by 12' overhead door. The fully fenced property includes three on-site parking stalls. Currently occupied by a month-to-month tenant, the property offers immediate holding income while allowing flexibility for future owner occupancy or investment. (id:63159)
Financing calculator
Estimate your monthly payment on the $525,000 asking price.
Financing details
- Monthly debt service
- $5,096
- Cash required at close
- $130,000
- 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 (3)
- Boston Pizza461m
- Earls · 1848 Main Street492m
- White Spot · Main Street551m
Cafes (4)
- Wheatgrass Cafe · Main Street459m
- Tim Hortons526m
- Starbucks · 1636 Main Street623m
- Blenz Coffee · 2111 Main Street703m
Grocery (5+)
- Real Canadian Superstore371m
- Whole Foods Market · Main Street470m
- Penticton Global Grocers · 2150 Main Street514m
- Save-On-Foods654m
- Canadian Wholesale Club · Main Street702m
Shopping (2)
- Winners432m
- Cherry Lane Shopping Centre · 2111 Main Street725m
Pharmacies (2)
- PharmaChoice · 1848 Main Street408m
- London Drugs769m
Banks & ATMs (3)
- Unnamed480m
- TD604m
- Valley First Credit Union · Main Street642m
Healthcare (4)
- Pathways · 1848 Main Street411m
- Penticton Regional Hospital · 550 Carmi Avenue481m
- Sage Medical Clinic · 101 2210 Main Street501m
- Penticton Health Centre · 740 Carmi Avenue537m
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 $525,000.
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.