Pamela Hanson PREC* | 250-486-1119 (cell) | pamhanson@remax.net
Heather Smith Licensed Realtor | 250-486-7126 (cell) | hsmith@remax.net
135 Orchard Avenue Penticton, British Columbia V2A 1X7
Interested?
Contact us for more information
$2,100,000
Introducing Orchard House – an iconic 13,000 SF mixed-use commercial building situated on a half-acre of underutilized land with ample parking and extra land space. This versatile property comprises 6 apartments, an event hall with amenities and a large commercial rental space on the second floor currently leased by a successful Dance School. The well-maintained apartments offer a mix of 4 1-bedroom 1-bath units and 2 studios, all currently occupied and under market rents. The main entrance has a spacious vestibule, with commercial washrooms. The Event Hall accommodates 200 people and features a commercial kitchen, a fully equipped music/theater stage, along with several rooms and storage. The second floor, approx 4,000 SF has been configured into 5 areas to accommodate the current tenant. This is a fantastic investment opportunity with a good income stream and is priced equivalent to its land value offering many options for future growth and potential expansion. (id:52811)
Property Details
| MLS® Number | 201978 |
| Property Type | Other |
| Neigbourhood | Main North |
Building
| Constructed Date | 1951 |
| Heating Type | Forced Air, See Remarks |
| Roof Style | Conventional |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.5 |
| Size Total | 0.5 Ac|under 1 Acre |
| Size Total Text | 0.5 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26293571/135-orchard-avenue-penticton-main-north
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 01 2023 02:41:57
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty