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135 Orchard Avenue, Penticton, British Columbia V2A 1X7 (26757530)


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135 Orchard Avenue Penticton, British Columbia V2A 1X7

Forced Air, Heat Pump, See Remarks

$1,795,000

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:42365)

Property Details

MLS® Number 10310093
Property Type Other
Neigbourhood Main North
ParkingSpaceTotal 20

Building

HeatingType Forced Air, Heat Pump, See Remarks
RoofMaterial Tar & Gravel,other
RoofStyle Unknown,unknown
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
CurrentUse Mixed Use
Sewer Municipal Sewage System
SizeIrregular 0.5
SizeTotal 0.5 Ac|under 1 Acre
SizeTotalText 0.5 Ac|under 1 Acre
ZoningType Unknown

https://www.realtor.ca/real-estate/26757530/135-orchard-avenue-penticton-main-north


John Green
Personal Real Estate Corporation

(250) 486-5353
www.teamgreen.ca/
RE/MAX Penticton Realty
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9

(250) 492-2266
(250) 492-3005

Natasha Badger
Personal Real Estate Corporation

(250) 462-8733
www.teamgreen.ca/
www.facebook.com/profile.php?id=100083051866591
RE/MAX Penticton Realty
302 Eckhardt Avenue West
Penticton, British Columbia V2A 2A9

(250) 492-2266
(250) 492-3005

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