498 ELLIS Street

$2,450,000

189811
MLS#

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Description

The W. C. Parker Building is one of Penticton's most iconic office buildings. Located in the heart of the professional district, it is fully occupied by a major accounting firm, a law office & a corporate office which are housed on the 1st & 2nd floors of the building. Downstairs there are 7 small offices & are fully occupied by a variety of tenants, either on leases or on mo. to mo. tenancies. The building has a total of 15,254 sq. ft. on the 3 levels. This corner lot property is 75' x 100' or.172 ac.. The building shows a Cap Rate of 5.3% for the 2021 budget. A favourable Phase 1 Environmental Report is on file.

Overview

  • Price $2,450,000
  • MLS # 189811
  • Age 1960
  • Water Municipal water
  • Sewer Municipal sewage system

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