Jonathan Wall Presents: 322 Main Street, Penticton, BC

Fully Leased Building in Prime Downtown Location

Seize the opportunity to acquire this ideally located commercial building comprising 322 and 324 Main St., offering an exceptional opportunity for investors seeking passive, long-term returns.

Located in the heart of downtown Penticton with significant foot traffic taking advantage of the afternoon sun, the property includes two 1300 sqft. fully leased units with invested tenants. 322 Main is being renovated to house an upscale dog grooming and retail boutique and 324 Main is currently undergoing permitting for a major renovation and upgrades to house a new restaurant.

With minimal management required, this asset is a great fit for local or out of town investors looking to either start or add to their commercial real estate portfolio.

The City of Penticton continues to invest in its downtown core, further enhancing the long-term growth potential of this building.

Take advantage of this opportunity to secure this desirable commercial property with upside and be part of the future of downtown Penticton.

Building Overview

Commercial investment opportunity located in the heart of downtown Penticton High visibility and just 3 blocks to the lake with plenty of foot traffic in the afternoon sun

Approximately 3000 sqft lot and 2600 sqft building with parking in rear

Fully leased to two tenants

322 Main just entered into a 3 year lease to an upscale dog grooming and retail boutique

324 Main will be opening as an 18 seat restaurant and is completing significant TI’s including a kitchen and 2 restrooms. Leased in March 2025 on a 3 year term NOI approximately $35,500

The C5 Zoning permits a combination of residential and commercial mix including dwelling units, tourist accommodations, brewery/distillery, health services, restaurant, retail, short term accommodation and more.