1413 Main Street, Penticton, British Columbia

About 1413 Main Street

Prime standalone retail asset located at one of Penticton’s busiest intersections, offering exceptional visibility and access. The property is fully leased to six tenants, providing a diversified and stable income stream. The current NOI reflects a 4.4% cap rate on the list price. Some tenants are currently paying below-market rental rates, presenting a clear opportunity for future income growth. Limited renewal options within the existing leases provide flexibility for an investor to restructure tenancy and enhance long-term value. Additionally, this is an ideal holding property with strong future redevelopment potential. For detailed financial information, please contact the listing agent directly. (id:6289)

More Info on this Main North Retail MLS® listing

1413 Main Street is a retail listing for sale in Penticton. The MLS® number is 10382369. It's currently listed for $2,499,000. For more details on MLS® 10382369, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Main North is available now!

Selling your Main North Retail property?

Have a similar home to 1413 Main Street? If you’re thinking about selling your Main North retail property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Penticton property.

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