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PHONE: 1.604.224.5277 | TOLL FREE: 1.855.760.6886

498 Ellis Street | Penticton, Okanagan

Asking Price: $2,450,000
Sold
MLS# C8038635

The W. C. Parker Building is one of Penticton's most iconic office buildings. Located in the heart of the professional district, it is fully occupied by a major accounting firm, a law office & a corporate office which are housed on the 1st & 2nd floors of the building. Downstairs there are 7 small offices & are fully occupied by a variety of tenants, either on leases or on mo. to mo. tenancies. The building has a total of 15,254 sq. ft. on the 3 levels. This corner lot property is 75' x 100' or.172 ac.. The building shows a Cap Rate of 5.3% for the 2021 budget. A favorable Phase 1 Environmental Report is on file.

Vital Stats

  • Built in 1960
  • 7,500 sq.ft. (0.172 sq. acre) lot
  • 15,254 sq.ft. property
  • Zoning: C5
  • Taxes: $13,710.46 (2020)
  • Commercial Listing REBGV: C8038635

Details

Property Type:Other
Style of Home:2 Storey
Gross Taxes:$13,710.46 (Tax year 2020)
Approx. Year Built:1960
Total Floor Space:15,254 (sq.ft.)convert value
Number of Levels:3
Lot Size:0.17 (Acres)convert value
Construction:Concrete Block
Title to Land:Freehold NonStrata
Zoning:C5
MLS® #:C8038635

Please note: the information above is generated by Walk Score®.
Faith Wilson Realty Group Inc. has no control over the content and consequently make no guarantee as to its accuracy, timeliness, or completeness.