2436 SKAHA LAKE Road

$5,400,000

188771
MLS#

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Description

Well anchored strip mall in Penticton. Fully leased with good remaining term periods. Several upgrades in the last 2 years. Close to other shopping areas and well positioned along Skaha Lake Road. Lots of parking areas and good visibility from the street. Mixed use tenants make a solid investment. Very attractive 2 bed 2 bath residential suite above the retail level. Additional lighting and fencing installed for security. Note: parking line painting and final section of roof to be upgraded by June 2021. NOI $216,000. Penticton is the heart of the South Okanagan offering year round recreation and easy access to wineries, skiing, watersports and fast cars. This strip is well located to service local and travelling clientele.

Overview

  • Price $5,400,000
  • MLS # 188771
  • Age 1988
  • Water Municipal water
  • Sewer Municipal sewage system

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