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1070 Lakeshore Dr W 3,407 SF Retail Condo Unit Offered at $2,650,000 CAD in Penticton, BC V2A 1C1
Investment Highlights
- Located directly across from Okanagan Beach with unparalleled exposure and lake views.
- Flexible open-concept layout with kitchenette and washroom, suitable for custom build-outs.
- Situated in a thriving tourism hub within walking distance to restaurants, shops, and major attractions.
- C3 Mixed Commercial zoning allowing for diverse business applications.
Executive Summary
The property is located on Lakeshore Drive West in Penticton, British Columbia, within immediate proximity to Okanagan Beach and the city’s tourism corridor. Legal zoning is designated as C3 Mixed Commercial, permitting varied commercial uses. The property comprises a main-level strata unit with frontage on a high-traffic street and offers connectivity to nearby restaurants, retail establishments, and recreational amenities. The surrounding area includes tourist attractions, local businesses, and public beach access.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 025-826-239 |
| Sale Type | Investment |
| APN/Parcel ID | 025-826-239 |
Description
This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users. Spanning 3,407 SF on the main floor of retail space.
Sale Notes
This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users. Spanning 3,407 SF on the main floor of retail space.
C3 Mixed Commercial zoning supports a diverse range of uses, including retail, hospitality, service, and professional offices. The property also offers rare expansion potential with the opportunity to acquire the remaining strata units in the building, creating options for full-building control and strategic consolidation.
C3 Mixed Commercial zoning supports a diverse range of uses, including retail, hospitality, service, and professional offices. The property also offers rare expansion potential with the opportunity to acquire the remaining strata units in the building, creating options for full-building control and strategic consolidation.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 3,407 SF | Retail | $2,650,000 CAD ($777.81 CAD/SF) | - |
Unit 101
| Unit Size |
| 3,407 SF |
| Condo Use |
| Retail |
| Price |
| $2,650,000 CAD ($777.81 CAD/SF) |
| NOI |
| - |
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Unit 101
| Unit Size | 3,407 SF |
| Condo Use | Retail |
| Price | $2,650,000 CAD ($777.81 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 025-826-239 |
| Description | |
| This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users. Spanning 3,407 SF on the main floor of retail space.</li></ul> | |
| Sale Notes | |
| This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users. Spanning 3,407 SF on the main floor of retail space. <br> <br> C3 Mixed Commercial zoning supports a diverse range of uses, including retail, hospitality, service, and professional offices. The property also offers rare expansion potential with the opportunity to acquire the remaining strata units in the building, creating options for full-building control and strategic consolidation.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,407 SF | Floors | 2 |
| Property Type | Specialty (Condo) | Typical Floor Size | 1,704 SF |
| Property Subtype | Residential Income | Year Built | 2009 |
| Building Class | C | Lot Size | 0.19 AC |
| Zoning | C3 - Mixed Use Commercial - Mixed Use Commerical | ||
| Total Building Size | 3,407 SF |
| Property Type | Specialty (Condo) |
| Property Subtype | Residential Income |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,704 SF |
| Year Built | 2009 |
| Lot Size | 0.19 AC |
| Zoning | C3 - Mixed Use Commercial - Mixed Use Commerical |
Amenities
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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1070 Lakeshore Dr W
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