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1505 Main Street

1505 Main StreetPenticton, BC

$4,790,000
RetailRetail
Area
11,453 sqft
Year Built
1997
This is a 100% leased investment property with the oldest 5 year renewable lease being 2.5 years old with well established, long term tenants. The lease rates start at $18.00 per foot and have built in lifts. It has had all the roof top units replaced, both roofs have been replaced and the rest has been very well maintained. It's an investment that starts paying dividends instantly. An additional 2000' apartment on top of building 2 could be easily converted into additional revenue. Additional information available upon request. (id:67651)
Postal CodeV2A5G7
HeatingOther
CoolingCentral air conditioning
Parking37 spaces
Annual Tax$25,510
FeaturesLevel lot

Neighbourhood & Lifestyle