- Active
639 Main Street
Penticton · Other
- Sqft
- 10,536
- Built
- 1980
Listed by RE/MAX Penticton Realty · MLS® 10321090
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Sign inAbout this home
Contingent. OPPORTUNITY KNOCKING! For SALE or for LEASE It is very rare that a property like this comes available. Total 10,536 square feet on 2 floors. There is a good size Restaurant on the main floor (5,000 sq ft.) plus upstairs features a large banquet hall for functions like weddings, meetings, etc. Possibly convert the building to your own needs. Consider redevelopment with a residential component. The possibilities are many. Prime downtown location in a high traffic area. All measurements are approximate. Call listing agent today for a viewing. Duplicate Listing #10321168 - Commercial Lease
Home facts
- Interior
- 10,536 sq ft
- Year built
- 1980
- Property type
- Other
- Area
- Main North
- Listed
- August 2, 2024
- Structure
- Other
- PID
- 012-463-663
Features and inclusions
- Heating
- See remarks
- Cooling
- Central air conditioning
- Roof
- Tar & gravel, Unknown
- Parking
- Street
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $6,157
- Property tax
- $375/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,682
Purchase snapshot
- List price
- $1,299,000
- Down payment
- $259,800 (20%)
- Estimated mortgage
- $1,039,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $7,531
- 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,310 a month
- Gross yield
- 1.2%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 39%
