135 Orchard Avenue, Penticton
- Type: Commercial
- Added: 220 days ago
- Updated: 191 days ago
- Last Checked: 5 minutes ago
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:1945)
Property DetailsKey information about 135 Orchard Avenue
- Roof: Tar & gravel, Other, Unknown
- Heating: Heat Pump, Forced air, See remarks
- Structure Type: Residential Commercial Mix
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 135 Orchard Avenue
- Water Source: Municipal water
- Lot Size Units: acres
- Parking Total: 20
- Lot Size Dimensions: 0.5
Business & Leasing InformationCheck business and leasing options available at 135 Orchard Avenue
- Current Use: Mixed use
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
Tax & Legal InformationGet tax and legal details applicable to 135 Orchard Avenue
- Zoning: Unknown
- Parcel Number: 012-015-211 / 012-015-237
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Nearby Listings Stat
Active listings
281
Min Price
$250
Max Price
$13,000,000
Avg Price
$900,420
Days on Market
96 days
Sold listings
86
Min Sold Price
$15
Max Sold Price
$2,250,000
Avg Sold Price
$649,775
Days until Sold
105 days
