Preview/Details - Penticton Houses for Sale

156 Nanaimo Avenue East

Offered at: $1,295,000

MLS®: 10402298

Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with future upside. Five units are currently tenanted, while two vacant units provide a new owner the opportunity to select tenants and establish current market rents. The property consists of two separate titles and is zoned C5 (Urban Centre Commercial), providing additional long-term flexibility. Lane access and frontage along Nanaimo Avenue and Van Horne Street further enhance the property. For buyers looking to expand their investment, the C5-zoned vacant lot at 313 Van Horne Street, directly adjoining the property, is also available separately. An excellent opportunity to acquire an income-producing property with additional future potential in the heart of Penticton. Buyers to verify development possibilities with the City. (id:6769)