- For Sale $2,000,000
- Property Type Multi-Family
- Units 12
- Lot Size 11,979 SF
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1963
- Date Updated Mar 22, 2023
- Construction Type wood frame
Braid Apartments, a very well-maintained 12-suite apartment building located in Penticton, British Columbia represents a premier investment opportunity in one of BC’s tightest rental markets. The property, which is situated on a large ~12,000 square foot corner lot, has been owner-managed for years and pride of ownership is evident throughout. Suites all feature large floorplans with nicely appointed finishings, electric, tenant-paid heat, air conditioning units, breaker panels, ample storage, and newer double-glazed windows. The building features two laundry rooms for tenant use, surface parking with 7 stalls and an expansive below-grade workshop and storage area with garage door access from the lane. One large section of the roof was completely replaced in 2022. The location of the property, just minutes from the bustling downtown area of Penticton, offers residents easy access to a wide array of shopping, dining, and entertainment options
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
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Walk Score ®
50/100
Somewhat Walkable
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Bike Score ®
69/100
Bikeable
- City Penticton, BC
- Postal Code V2A 4Y4
Points of Interest
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Prairie Valley Station
9.06 miles
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FLO - Downtown Penticton Association
0.32 miles
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Chevron - On the Go Fast Charger
0.68 miles
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Shell
0.69 miles
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Chevron
0.70 miles
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FLO - Canadian Tire
0.76 miles
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Husky
0.94 miles
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Mobil
0.96 miles
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Petro-Canada
1.16 miles
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Tesla Supercharger
1.23 miles
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Super Save
1.30 miles
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City Centre Parking
0.23 miles
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Pen-Hi Parking
0.24 miles
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Penticton Library Parking
0.40 miles
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Penticton Art Gallery Parking
0.52 miles
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Penticton Lakeside Resort Parkade
0.55 miles
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Uplands Elementary School Parking
0.72 miles
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Hospital parking
1.08 miles
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Upper Parking
4.64 miles
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Lower Parking
4.68 miles
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Giant’s Head Mountain Park Parking Lot
8.03 miles
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HI Penticton
0.09 miles
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Penticton Lakeside Resort
0.60 miles
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Slumber Lodge
0.60 miles
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Fairfield by Marriott Inn & Suites Penticton
0.65 miles
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The Spanish Villa Motel
0.93 miles
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Tiki Shores Motel
0.95 miles
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Plaza Motel
0.95 miles
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Sandman Hotel
0.95 miles
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Shoreline Resort
0.97 miles
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Hotel Penticton, Ascend Hotel Collection
0.97 miles
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Lachi
0.13 miles
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Sushi Heaven
0.14 miles
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Gratify Foods
0.14 miles
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The Cellar
0.16 miles
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Twisted Chopsticks
0.17 miles
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Spice Magic
0.19 miles
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Lala Ji's Pizzeria
0.20 miles
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Wild Ginger
0.23 miles
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Theo's Restaurant
0.23 miles
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Mykonos Pizza and Spaghetti House
0.26 miles
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ConnectEd
0.21 miles
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Penticton Secondary School
0.26 miles
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KVR Middle School
0.38 miles
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Little Triumphs
0.50 miles
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Safety Village
0.51 miles
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Queens Park Elementary School
0.66 miles
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Uplands Elementary School
0.71 miles
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Okanagan College - Penticton Campus
0.90 miles
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Carmi Elementary School
1.05 miles
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Columbia Elementary
1.54 miles
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Little Chicks Childcare Centre
8.49 miles
Frequently Asked Questions
The space currently listed for sale at 511 Braid Street asks for $2,000,000.
511 Braid Street was built in 1963.
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Marcus & Millichap