Commercial Properties for Sale in Penticton

Penticton Land for Sale

Prime 10-Acre Industrial Opportunity Zoned M1 – General Industrial. This exceptional 10-acre flat parcel of highly usable industrial land is offering tremendous potential for a wide range of industrial and commercial uses. Ideally located in a thriving industrial corridor with excellent access to major transportation routes, this property is perfectly suited for businesses needing scale, functionality, and future growth opportunities. The main building spans approximately 38,000 sq ft and features 12 well-appointed offices, multiple meeting rooms, a spacious lobby with a professional reception area, accessible washrooms, and nearly 30,000 sq ft of clear-span commercial/industrial space with high ceilings and multiple overhead doors—ideal for warehousing, production, or manufacturing. Two additional buildings, measuring approximately 24,000 sq ft, provide expanded operational capacity, including 7 offices, meeting rooms, staff locker room and lunchroom, lobbies with reception areas, multiple restrooms, and approx. 17,000 sq ft of flexible industrial space. Site features include ample on-site parking, a large yard for equipment storage or expansion, flat topography ideal for logistics, and easy truck access. This property also offers development or subdivision potential, subject to municipal approvals. A rare offering for investors or operators seeking premier industrial real estate.

Property Subtype:

Commercial

Date on Market:

2025-05-28

Penticton Office for Sale

Date on Market:

2024-11-26

Penticton Multifamily for Sale

INVESTMENT OPPORTUNITY! Fourplex - Built in 2018. Fourplex consists of (two) two bedroom with two bathrooms (880 SF) on the upper floor and (two) one-bedroom with one bathroom (680 SF) on the lower floor. In total there are 4 units that are fully tenanted. Units are individually metered and tenants pay for utilities. Laundry in every unit. Centrally located to amenities including Safeway, Starbucks, Shoppers Drug Mart and BC Liquor Stores. Designated parking stalls. . Room measurements are for half of fourplex. Measurements taken from building plans and are approximate.

Property Subtype:

Apartment

Date on Market:

2025-08-07

Penticton Sports & Entertainment for Sale

I am pleased to offer this magnificent property overlooking the spectacular Lake Okanagan. An Exceptional Property with a 9 Hole Golf Course and Driving Range. The Golf Club is situated on 46 plus acres. The property is zoned CT3 – Golf Course Commercial. The zoning allows for a dwelling unit and up to ten accommodation units. The property consists of a 9-hole golf course and a driving range and the associated maintenance equipment. This course is often the only one open in the winter season, with great exposure, it is often free of snow!

Property Subtype:

Golf Course/Driving Range

Date on Market:

2025-07-22

Penticton Hospitality for Sale

46 room motel - many upgrades. Close to downtown and the beach

Property Subtype:

Hotel

Date on Market:

2025-07-22

Penticton Multifamily for Sale

2018-built FOUR-PLEX offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Rented for $6,183 PER MONTH / $74,196 PER YEAR. The property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. Penticton has low vacancy rates, so expect a solid CAP rate. CHMC MORTGAGE AVAILABLE if you purchase both buildings (40 - 50 year amortization). Property Type - Single Family Building Type - Fourplex Storeys - 2 Square Footage - 3002 sqft Neighbourhood Name - Main North Title - Freehold Land Size - 0.11 ac|under 1 acre Built in - 2018 Annual Property Taxes - $6,918.92 Total Parking Spaces - 3 Appliances Included - Range, Refrigerator, Dishwasher, Washer & Dryer Flooring - Laminate, Tile Cooling - Heat Pump Heating Type - (Electric), Heat Pump Utility Sewer - Municipal sewage system Water - Municipal water

Property Subtype:

Apartment

Date on Market:

2025-04-17

Penticton Portfolio of properties for Sale

The McEvay Blair Multifamily Group of Marcus & Millichap presents an opportunity to acquire Spanish Villa and Crestview Manor, two 42-suite apartment buildings in close proximity to each other near downtown Penticton. Both properties have been family operated for nearly 20 years and are professionally managed by the family’s in-house management team. Spanish Villa and Crestview Manor each have their own distinct character, yet both provide investors with strong in place cash flow and a clear path to revenue growth through targeted renovation programs. With over $1.3 million in capital improvements invested since 2018, key infrastructure has been enhanced—allowing investors to focus on unit upgrades upon tenant turnover. The properties are held in bare trusts, and while a portfolio sale is preferred, individual offers will be considered.

Property Subtype:

Multi Family

Date on Market:

2025-03-07

Penticton Industrial for Sale

Excellent income opportunity with this fully leased industrial investment property. Property is leased to a long-term secure tenant, Slimline Manufacturing, who has been in business since 1950 and has resided in this location for 34 years. Current 10 year lease term runs until May 29, 2028 with 2 renewal options of 5 years remaining. Cap rate on current rents is approx. 5.20% with future potential to earn a mid-6% cap. Same property owner since 1990, and the building has been well maintained and updated. 0.62 acre corner site with secure fenced yard and 1 below grade loading dock. 17,442 SF building comprised of 15,684 SF main floor warehouse and 1,758 SF 2nd floor office, large staff room, and washrooms. 24 on-site parking spaces along Okanagan Avenue and Dartmouth Road. Property is zoned M1 General Industrial. Located in the main industrial area of Penticton, at the corner of Dartmouth Rd and Okanagan Ave. The property is close to Canadian Tire, Home Hardware, Walmart & Safeway Grocers. The property is also down the street from Penticton Regional Hospital and the proposed 10+ acre multi-use development at 1704 Government Street, which will create 1,500 residential homes, plus office and retail space.

Property Subtype:

Manufacturing

Date on Market:

2024-03-25

Penticton Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2024-11-26