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Ashley Lindquist
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103 - 110 Ellis Street

Beds 0
Baths
MLS® Number 186555
$706,500
City Penticton
Neighbourhood
Province British Columbia
Postal Code V2A4L5
Property Style
Ownership Type
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Listing Courtesy Of Royal Lepage Locations West

GREAT INVESTMENT OPPORTUNITY! Ellis One-only steps to Okanagan Lake 7 beach, Farmer's Markets & downtown Penticton. This high-quality building features 48 units boasting custom kitchens with quartz countertops & stainless-steel appliances with a gas range & bright and open concept. This large unit has 1334sqft of commercial space at street level & completely separate 862sqft 1bd suite on the second level with a 115sqft deck. Lease the spaces out together or individually - what a great investment opportunity! The South Okanagan is exempt from the BC Speculation Tax, which makes Penticton in general & Ellis One specifically, a great option for investors. In addition, because of the City of Penticton's Economic Investment Zone program, purchasers will qualify for a tax break on construction improvements value for ten years on the portion of their normal tax bill that is collected by the City of Penticton, which equates to an approximate 63% savings! Duplicate Listing Single Fam~186028 (id:30499)

Interior

Cooling No
Fireplace /
Heating Forced Air,heat Pump, (,,electric)
Square Feet 0.00

Exterior

Attached Garage No
Carport No
Garage No
Lot Size /
Water Front No
Sewer Municipal sewage system
Pool No
Open Parking No
Parking Spaces 0

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Okangan Livin'

Real Estate Team

Royal LePage Locations West Realty