135 Orchard Avenue Penticton, British Columbia V2A 1X7


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Forced Air, Heat Pump, See Remarks


Introducing Orchard House – an iconic 13,000 sq ft mixed-use commercial building situated on a half-acre of underutilized land, offering ample parking and extra yard/land space. This versatile, well maintained and upgraded property encompasses six 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 with tenants under market rents. The main entrance to the building has a spacious vestibule, complemented by commercial washrooms and additional storage rooms. The Event Hall features a commercial kitchen, a fully equipped music/theater stage, along with designated office and storage spaces. Accommodating up to 160 people. The second floor, spanning approx 4,000 sq. ft. 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 10310093
Property Type Other
Neigbourhood Main North
Parking Space Total 20


Heating Type Forced Air, Heat Pump, See Remarks
Roof Material Tar & Gravel,other
Roof Style Unknown,unknown
Type Residential Commercial Mix
Utility Water Municipal Water


Acreage No
Current Use Mixed Use
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