We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home BC Greater Penticton Okanagan-Similkameen Penticton
1704 Government Street
Directions Print
1704 Government Street $11/square feet
$11/square feet
Hide
Favourite

1704 Government Street
Penticton, British Columbia V2A7A1

MLS® Number: 10364253

Listing Description

Rare opportunity to lease large scale industrial space in central Penticton. As the development of the Innovation District nears, the planned phased development provides an opportunity to utilize this existing building during the first phase of construction. Available for immediate possession, this facility is approximately 84,652 square feet of open industrial space suitable for warehousing, distribution, manufacturing, and other general industrial uses. The steel structure building features 24' clear ceilings, ample power, and 17 overhead doors at grade level offering drive-through capabilities. Maximum lease term of 5 years (use dependent), triple net lease with asking net rate of $11.00 per square foot (net rates may increase for lease terms under 5 years), with additional rent estimated at $2.50 per sf. (39287303)

Property Summary

Property Type
Industrial
Building Type
Other
Neighbourhood Name
Industrial Area
Land Size
under 1 acre
Time on REALTOR.ca
83 days

Price and Sale History

Date Status Price
May 15, 2023 Sale Closed $23,000,000
Apr 8, 2022 Sale Closed $9
Dec 3, 1999 Sale Closed $1,500,000
Feb 15, 1995 Sale Closed $3

Building

Bathrooms
Partial
0
Heating & Cooling
Heating Type
Baseboard heaters, (Electric), Forced air

Measurements

Square Footage
84652 sqft

Land

Lot Features
Present Use
Industrial
Are you interested in touring this listing?
Request a showing

Lee Levering