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135 ORCHARD Avenue
Main North Penticton V2A 1X7

$1,795,000
Other

Main Photo: 135 ORCHARD Avenue in Penticton: Other for sale : MLS®# 10310093
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Status:
Active
Prop. Type:
Other
MLS® Num:
10310093
Build. Type:
Residential Commercial Mix
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:2493)
Property Type:
Other
Transaction Type:
For sale
Community:
Main North
Building Type:
Residential Commercial Mix
Half Bathrooms:
0
Fireplace:
No
Heating:
Forced air, Heat Pump, See remarks
Roof Style:
Tar & gravel, Other, Unknown
Water:
Municipal water
Sewer:
Municipal sewage system
Current Use:
Mixed use
Acreage:
No
Lot Size:
0.5 acre(s)
Lot Size:
0.5 ac|under 1 acre
Lot Details:
0.5
Total Parking Spaces:
20
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Listed by RE/MAX Penticton Realty
Data was last updated May 28, 2024 at 12:45 AM (UTC)
MARGARET & RANDAL QUESNELLE
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