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  5. 197 Warren Avenue Unit# 102 - MLS® #10372408

PENTICTON

Penticton is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Penticton has become a popular destination for both tourists and residents.

The real estate market in Penticton has been steady and offers a mix of single-family homes, townhouses, and condos available. Prices are relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The town also boasts a great downtown area with many shops and restaurants. It is surrounded by several wineries that offer tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Apex Mountain Resort. Penticton is also host to the famous "Ironman" triathlon and the Peach Festival, held annually in August.

$999,000
197 Warren Avenue Unit# 102 - MLS® # 10372408

Description

Excellent opportunity to acquire a well-performing commercial strata unit in Penticton. This 4,800 sq. ft. unit is occupied by a stable, long-term tenant who has been in place for over 10 years. A new 5-year escalating lease was signed in November 2025, providing strong and predictable income growth. At the current asking price, the property offers an attractive 6.4% cap rate, which is projected to increase to approximately 7.5% by the end of the lease term. This is a true hands-off investment, as all exterior repairs, maintenance, and common area responsibilities are managed by the strata. Ideal for investors seeking secure cash flow, long-term stability, and minimal management in a prime Penticton location (id:2469)

Listing Provided By

RE/MAX Wine Capital Realty

Neighborhood Info

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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
under 1 acre
Taxes
N/A
Type
Other
Style
N/A
Basement
Year Built
N/A
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave W
  • Penticton, BC
  • V2A 2A9

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

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