Industrial for Sale — Industrial Area, Penticton, BC
$1,099,900
737 Okanagan Avenue, Penticton, BC V2A3K7
Property details
Structured details
- Annual property tax
- $11,939.31
- Lot dimensions
- 0.53
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 007-728-298
- Parking
- 2 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Cooling
- See Remarks
- Roof
- Asphalt shingle, Unknown
- Exterior
- Wood, Aluminum
- Lot features
- Level lot
- Fencing
- Chain link
Listing Information
- MLS®
- 10386013
- Listed
- May 4, 2026
- Time on market
- 133 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
One storey over 2700 sq ft Commercial building zoned M1 with a 1344 sq ft, 2- bedroom one bath residential 2 storey living quarters on site. Large .53-acre commercial property, mechanic shop with 2 bays and hoist. Also includes 843 sq. ft of rental space. Two separate offices, front reception areas and a bathroom on each side. The shop is heated and has a central air system with its own furnace. New roof on the offices, shop and storage area. The residential living space has a family room, living room, kitchen, two bedrooms, 4-piece bathroom, laundry room with pantry and storage area could be a two-car garage. Flat lot in industrial area lots of opportunities here. All measurements approx. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,099,900 asking price.
Financing details
- Monthly debt service
- $10,676
- Cash required at close
- $244,980
- 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).
Other commercial property types for sale in Penticton
Looking to buy a business instead?
All in Penticton →Frequently asked questions
What is the asking price for this business?
The asking price is $1,099,900.
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.