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2595 Skaha Lake Road

2595 Skaha Lake RoadPenticton, BC

$2,350,000
BusinessOther
Area
1,075 sqft
Rare opportunity to acquire a fully leased, income-producing commercial property in a high-traffic, high-visibility location. Zoned C7 – Service Commercial, this .45-acre site is surrounded by established businesses, offering strong exposure and long-term growth potential. Built in 1999 with durable concrete block construction, the building is low-maintenance and built to last. New roof in 2026! The property features two established automotive tenants generating stable, predictable income, making it an ideal turn-key investment. It also includes a well-appointed 1,075 sq. ft. residential unit with three bedrooms, an ensuite off the primary bedroom, a double attached garage, and a private elevator—a rare addition that enhances livability and tenant appeal. The unit adds flexibility for additional rental income or a live/work opportunity. With plenty of on-site parking, flexible zoning that supports a variety of commercial uses, and current full occupancy, this property offers immediate cash flow and strong upside potential. Ideal for investors seeking a low-risk asset in a desirable commercial corridor with future redevelopment or value-add potential. (id:67651)
Postal CodeV2A6E8
HeatingForced air, See remarks
CoolingHeat Pump, See Remarks
Parking12 spaces
Annual Tax$23,293

Neighbourhood & Lifestyle