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#104 1397 FAIRVIEW Road,, Penticton, British Columbia, V2A 6A1
MLS® # 190383
Commercial For Sale Or For Lease In Penticton, British Columbia
$249,000
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
#104 1397 Fairview Road,, Penticton, BC
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#104 1397 FAIRVIEW Road,, Penticton, British Columbia, V2A 6A1
$249,000

Property Information:

The Light Choice. Well established, successful turn key lighting store. 27 year track record. High exposure site, in a strip mall with other complementary home improvement shops in the heart of Penticton. Retail storefront sales & a wholesale supplier to numerous projects locally, and throughout the entire Okanagan/Similkameen. The business only is for sale. Inventory amount negotiable. Attractive lease in place til July, 2023 with provision for a 5 + year extension beyond then. Bright, modern 2000 sq ft showroom was purpose-built, and boasts high ceilings, storage & office space. Grosses in the $850,000 range per year, with tidy retained earnings. Package available with a signed NDA. Opportunities to increase sales with a bigger online presence, and/or extending store hours. Current hours 9 – 4:30 weekdays, NO WEEKENDS, with a staff of four. Current owner nearing retirement & will sign a non-compete agreement, and assist in transition for the new owner. Opportunity knocking! (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Other
  • Amenities: Shopping Area

Property Features:

  • Property Type: Industrial
  • Access Type: Easy access, Highway access
  • Amenities Nearby: Airport, Public Transit
  • Community Features: High Traffic Area
  • Features: Central location, Corner Site, Visual exposure, Flat site
  • Sewer: Municipal sewage system

Courtesy of: Royal LePage Locations West Realty

REALTOR.ca 

Market Price Trends

Location of #104 1397 FAIRVIEW Road,, Penticton, British Columbia, V2A 6A1

Demographic Information of #104 1397 FAIRVIEW Road,, Penticton, British Columbia, V2A 6A1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$68,637.09

Average Number of Children

0.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.75 %

High school certificate or equivalent

28.3 %

Apprenticeship trade certificate/diploma

8.93 %

College/non-university certificate

22.43 %

University certificate (below bachelor)

2.63 %

University Degree

7.93 %

Commuter

Travel To Work

By Car

76.05 %

By Public Transit

0.0 %

By Walking

17.18 %

By Bicycle

0.0 %

By Other Methods

6.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.94 %

Houses

54.8 %

Own Vs. Rent