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:50889)
Exceptional opportunity to acquire a highly lucrative Blenz Coffee Shop, situated at a prominent corner location in downtown Penticton. Recognized as the highest producing Blenz store in Canada and the premier franchise coffee shop in the South Okanagan for 2022, the business is on track for similar success this year. The accolades and robust financial performance substantiate its standing. Benefit from a favorable lease agreement for a spacious retail setting featuring large windows that enhance natural light and appeal located in a building that exudes character inside and out. The strategic location draws substantial foot traffic from the downtown core and during the summer, capitalizing on significant tourism and the renowned farmers' markets situated directly outside the store. For more details please contact the listing agents. Only financially qualified Buyers will receive additional information. (id:50889)
