Front Street Realty

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New property listed in PENTICTON

I have listed a new property at 954 ECKHARDT AVENUE WEST in PENTICTON.

High profile building + land on the North side of Penticton right on Hwy 97, the main highway through Penticton. High Traffic location directly across from the South Okanagan Events Centre and Okanagan College / Okanagan Hockey Academy hockey school dorm project site, with Penticton Golf & Country Club golf course right behind. 2100 square foot newer frame building currently leased by the Tin Whistle Brewery. Retail display space at front foyer, plus office area, a room plumbed as a small kitchen/coffee room,  storage room, a spacious open viewing area, and large walk-in fridge. There are a couple of 2 piece bathrooms too, and three phase electrical with tons of power available. Currently rented at $3500 per month, on a 5 year lease running through till March 2014. The business has been on this site for 10+ years. Zoning along the street allows Commercial Service and Commercial Tourist. It falls within the economic zone as identified by the city, so any up zoning in this high profile spot could increase density for a project in future. Tenant runs a profitable business and has indicated a desire to stay on. Good on site parking with room for 12 cars. Over $100,000,000 worth of improvements in the immediate neighbourhood in the last 5 years and more on the way with the proposed hockey school dorm project across the street.  63 x 104 lot with lane, 2100 square foot building, solid tenant… solid investment opportunity here. Call Geoff Cowling 250.490.7272 or TF at 1.866.447.3629 or visit GeoffCowling.com

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