Penticton Retail Spaces for Sale

Penticton Retail Space 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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351 Westminster Av W

Penticton, BC V2A 1K3

Retail for Sale
$1,950,000 CAD
5,932 SF

Penticton Retail for Sale

Rare opportunity to acquire a DP-ready multifamily development site in the heart of Penticton's downtown core. Situated on a highly visible corner lot with direct frontage on Westminster Ave W, one of Penticton's primary arterial corridors, this 0.311-acre site offers immediate proximity to Okanagan Lake, Main Street dining and retail, and the South Okanagan Events Centre. All development permit work is complete with entitlements secured and a full architectural drawing package prepared. The approved design calls for a 6-storey, 36-unit marketing apartment building totaling 44,665 SF of net floor area with units averaging 1,100 SF. Existing structures on site provide immediate cash flow to offset carrying costs through the pre-development period. Penticton continues to experience strong population growth and sustained demand for quality multifamily housing, with the municipality actively supporting increased residential density through expedited approvals and transit-oriented development initiatives. Full DP drawing package, financial proforma, and due diligence material available in the data room upon execution of a confidentiality agreement - contact the listing agents for access.

Contact:

Colliers

Date on Market:

2026-05-12

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Retail Spaces for Sale in Penticton

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How many retail spaces are available for sale in Penticton?

There are currently 1 retail spaces available for sale in Penticton, offering a unique opportunity for businesses to establish a presence.

How big are the retail spaces available for sale in Penticton?

The average size of retail spaces available for sale in Penticton is about 3,407 SF. The largest retail spaces available to buy is 3,407 SF and the smallest is 3,407 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

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