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135 Orchard Avenue Penticton, British Columbia V2A 1X7

Forced Air, See Remarks

$2,100,000

Introducing Orchard House – an iconic 13,000 SF mixed-use commercial building situated on a half-acre of underutilized land with ample parking and extra land space. This versatile property comprises 6 apartments, an event hall with amenities and a large commercial rental space on the second floor currently leased by a successful Dance School. The well-maintained apartments offer a mix of 4 1-bedroom 1-bath units and 2 studios, all currently occupied and under market rents. The main entrance has a spacious vestibule, with commercial washrooms. The Event Hall accommodates 200 people and features a commercial kitchen, a fully equipped music/theater stage, along with several rooms and storage. The second floor, approx 4,000 SF has been configured into 5 areas to accommodate the current tenant. This is a fantastic investment opportunity with a good income stream and is priced equivalent to its land value offering many options for future growth and potential expansion. (id:37990)

Property Details

MLS® Number	201978
Property Type	Other
Neigbourhood	Main North

Building

Constructed Date	1951
Heating Type	Forced Air, See Remarks
Roof Style	Conventional
Type	Other
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Municipal Sewage System
Size Irregular	0.5
Size Total	0.5 Ac\|under 1 Acre
Size Total Text	0.5 Ac\|under 1 Acre
Zoning Type	Unknown

Aerial

https://www.realtor.ca/real-estate/26293571/135-orchard-avenue-penticton-main-north

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Last Updated
December 01 2023 02:41:57

Data Provider
Okanagan-Mainline Real Estate Board

Listing Office
RE/MAX Penticton Realty

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Client Feedback

Thank you for everything. I am so happy we chose your team as you were all so fantastic. You made the process very seamless. I will totally recommend you to others.
Ryan and Natasha H.
We’ve been working with Justin for two years with much success. Justin and his group are organized, professional, efficient, available, and get the job done without chaos and confusion! Justin handles the clients calmly and professionally and keeps things running smoothly. We highly recommend him!"
Scott & Gina Tyerman
Moving from another city, it was easy to see Kelowna offers many choices when it comes to choosing a Realtor®. If you are looking for a knowledgeable, well-connected professional, look no further than Justin O’Connor. He is thorough in his appraisal work and negotiates with a quiet confidence. Justin takes the time to get to know his clients, listens to their plans and stay focussed on their goals. It was a pleasure to work with Justin and his Sotheby’s team. They always kept the process enjoyable and stayed in touch. Justin and his team know how to ease the stresses that come with making big decisions and… he has a great sense of humor!
Anne Johnston
I think I was still in shock last night when we went through this process. Grant and I have loved our home over the years and have always taken pride in updating it for our own enjoyment. When we decided to move to a view lot and build our dream home, we knew our home would be attractive given the location and lot size. Your advice regarding further updates and staging was obviously very advantageous. Thank you!! I would also like to let you and Justin know (as I said, I think I was in a state of shock last night) since I didn’t say so last night, we are so appreciative of everything you have done for us to make this sale happen. I totally understand all of the behind the scenes work you both did with gathering information and providing immediate response to any agent query. You both represented Grant and I very, very well! I know we can’t totally celebrate until March 23 however, the heavy lifting is done. I would not hesitate to recommend the Justin O’Connor Group to anyone buying or selling!
Grant and Joyce
Working with Sotheby's was nothing less than professional. From start to finish everything went smoothly. It's good to choose a realtor that puts the client's interest first. I would recommend anyone selling their property to not hesitate going with Justin and the team!!
Ernie and Sue
When selling your home, it is essential that you are using the most professional and experienced people to guide you through this often complex process. The Sotheby’s group met all of our criteria and requirements to ensure we valued our house at the right price and made sure the entire experience was handled properly from day one all the way through to the final closing. We would highly recommend their friendly expert services.
Guy and Sonja
We have worked with the Justin O Connor team for both the sale of our show homes over the past 5 years as well as for our own personal home sales. The professionalism and knowledge ensured the process proceeded smoothly.
They do their research and deliver first class service throughout the sale process which carries through to the after-sale support as well. As a custom homebuilder it is important that we have a smooth transition to our clients as we turn over our homes.
I recommend the team for your real estate needs. You need a great team in the ever-evolving market here in the Okanagan.
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Kelowna Real Estate Property Search