MLS® 10367597

Office for Sale — Main North, Penticton, BC

$1,899,000

477 Martin Street, Penticton, BC V2A5L2

93
Walk Score
73
Bike
Walk Score® by Redfin
For Sale
6,313 square feet
Floor area
0.5 acres
Lot size
1960
Year built
93
Walk Score
73
Bike
Walk Score® by Redfin

Property details

Structured details

Annual property tax
$29,501.4
Lot dimensions
0.5
Structure type
Offices
Parcel ID (PID)
010-523-014
Parking
10 spaces
Water source
Municipal water
Sewer
Municipal sewage system
Heating
See remarks
Cooling
Central air conditioning
Roof
Tar & gravel, Unknown
Exterior
Wood siding
Security
Security system, Smoke Detector Only
Lot features
Wheelchair access

Listing Information

MLS®
10367597
Listed
November 13, 2025
Time on market
305 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Well established multiple office buildling in Penticton's downtown core. Listed to sell - below market value. U-shaped wood siding building, encased with brick, sits on a 1/2 acre lot. Easy access by foot or bus. Parking in front or back. All measurements are approximate. Call listing agent today for a viewing. (id:63159)

Financing calculator

Estimate your monthly payment on the $1,899,000 asking price.

Financing details
Monthly debt service
$18,432
Cash required at close
$404,800
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

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

Restaurants (5+)

  • Twisted Chopsticks132m
  • Lachi139m
  • Gratify Foods · 544 Main Street147m
  • Spice Magic161m
  • Sushi Heaven · 564 Main Street167m

Cafes (5+)

  • Caffè d'Italia130m
  • Angry Vegan · 536 Main Street149m
  • Blenz Coffee418m
  • Bellevue Cafe473m
  • Balance Vegetarian Shop and Tea Room603m

Parks (5+)

  • Unnamed468m
  • Unnamed601m
  • Unnamed664m
  • Unnamed681m
  • Unnamed699m

Pharmacies (3)

  • Remedy'sRx243m
  • Knights Pharmacy328m
  • Sunrise Pharmacy · 749 Main Street386m

Banks & ATMs (5+)

  • Scotiabank183m
  • Prospera Credit Union208m
  • TD237m
  • RBC393m
  • CIBC414m

Healthcare (2)

  • Penticton Pediatric Therapy88m
  • Foundry Pentiction · 501 Main Street98m

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 $1,899,000.

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.