135 ORCHARD Avenue

135 ORCHARD Avenue Penticton

$1,995,000
City:
Penticton
Prop. Type:
Other
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
0
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.
Property Type:
Other
Total Floor Area:
N/A
Home Style:
N/A
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
0 (Age:2024 )
Frontage:
N/A
Construction:
N/A
Roof:
Tar & gravel,Other
Parking:
N/A
Heating:
Forced air, Heat Pump, See remarks
Heating fuel:
N/A
Water supply:
Municipal water
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
Freehold
Sewer:
N/A
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Amit Bindra
  • City 2 City Real Estate Services Inc.
  • 202 9453 120st, Delta, BC V4C6S2
  • 778-564-3008
  • [email protected]