V2A Retail Buildings for Sale

Commercial Real Estate in V2A available for sale

V2A Retail Building for Sale

1070 Lakeshore Dr W

Penticton, BC V2A 1C1

Retail for Sale
$2,650,000 CAD
3,407 SF
1 Unit Available

Air Conditioning

Penticton Specialty for Sale

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.

Contact:

HM Commercial Group

Property Subtype:

Residential Income

Date on Market:

2026-06-25

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251 Main St

Penticton, BC V2A 5B1

Retail for Sale
$499,000 CAD
3,000 SF

Penticton Retail for Sale

Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers’ Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton’s most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.”