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DESCRIPTION

Brix: A new apartment building located on the popular Front Street surrounded by shops, restaurants, Farmers Market, and a short stroll to Okanagan Lake. There are 12 one bedroom units, 2 two bedroom penthouse units, and 1 commercial unit. For the enjoyment of all tenants there is a roof top terrace to enjoy some outdoor space and views of Okanagan Lake. Each suite comes with a complete appliance package and heat pump for cooling and heating. The building is very well constructed by Schoenne Homes Inc. The building is fully occupied generating $20,960 in monthly revenue. Situated in the City of Penticton's tax incentive zone provides a significant reduction in property taxes over the next 10 years. The building was built with stratification in mind, see listing broker for details. (id:5764)

KEY DETAILS
  • Price:
  • $4,388,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • n/a
  • Listing #:
  • 178045
  • Street Address:
  • 135/143 Front Street
  • City:
  • Penticton
  • State:
  • BC
  • Postal Code:
  • V2A 1H3
  • Listing Status:
  • For Sale - Active

Building

  • Construction Description:
  • Wood Frame, Concrete Block, Steel Frame
  • View:
  • Lake View

Systems

  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Municipal Sewage System

Source

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