275 Okanagan Avenue
Penticton · V2A3J8
$9,961/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Penticton · V2A3J8
$9,961/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Cap Rate: 6.5+% - This 10,392 sq. ft. two-storey building its on a fully fenced 0.5-acre site and includes commercial/retail space, office areas, residents and a secure storage facility. The second floor is partially improved for office use and staff accommodations. Offered at a 6.5%+ CAP RATE Steel and wood construction with ICF foundation, Metal/stucco exterior with torch-on roofing (2019), 400 Amp power, HVAC, and copper plumbing, Secure key fob access, video surveillance, motion sensors, Large fenced yard with 85 self-storage units and one 24'x25' oversized unit. Great opportunity for investors or owner-occupiers looking for cash flow, expansion space, or redevelopment potential. This well-located industrial property in Penticton offers a unique opportunity to acquire a mixed-use, income-generating asset in the heart of an established industrial district. Property only, business not for sale.
10,392 ft²
Floor area
Other
Type
Industrial Area
Area
Listed
October 15, 2025
Nearby & Commute
6 min
walk to Whole Foods Market
1h 17m
bike to Prairie Valley Station
4h 17m
walk to Prairie Valley Station
10h 17m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 36%
| Detached | 132 | 36.0% |
| Condo / Apartment | 89 | 24.3% |
| Townhouse | 53 | 14.4% |
| Land | 39 | 10.6% |
| Duplex | 29 | 7.9% |
| Other | 25 | 6.8% |
| $10,000 to $14,999 | 5 | 1.8% |
| $15,000 to $19,999 | 15 | 5.5% |
| $20,000 to $24,999 | 30 | 10.9% |
| $25,000 to $29,999 | 30 | 10.9% |
| $30,000 to $34,999 | 20 | 7.3% |
| $35,000 to $39,999 | 25 | 9.1% |
| $40,000 to $44,999 | 15 | 5.5% |
| $45,000 to $49,999 | 10 | 3.6% |
| $50,000 to $59,999 | 35 | 12.7% |
| $60,000 to $69,999 | 25 | 9.1% |
| $70,000 to $79,999 | 15 | 5.5% |
| $80,000 to $89,999 | 15 | 5.5% |
| $90,000 to $99,999 | 10 | 3.6% |
| $100,000 to $124,999 | 15 | 5.5% |
| $125,000 to $149,999 | 5 | 1.8% |
| $150,000 to $199,999 | 5 | 1.8% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$9,961
Principal and interest
Calculated estimate
$9,228
Property tax
Calculated estimate
$583/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,995,000
Down payment
Calculated estimate
$399,000 (20%)
Estimated mortgage
Calculated estimate
$1,596,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$9,961
/mo
Rate
%
Amortization
Principal and interest
$9,228
Property tax (est.)
$583
P&I
Tax
Down payment
$399,000 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $399,000 down (20%) on $1,995,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
At 5.7979 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.