135 ORCHARD Avenue Active Save Request In-Person Tour Request Virtual Tour
Penticton,BC V2A1X7
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Main North
MLS Listing ID 10310093
Originating Board Association of Interior REALTORS®
Lot Size 0.500 Acres
Acres 21780.0
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Forced air,Heat Pump,See remarks
Exterior
Garage No
Waterfront No
View Y/N No
Roof Type Unknown,Unknown
Total Parking Spaces 20
Private Pool No
Building
Sewer Municipal sewage system