RARE PEACHLAND INVESTMENT PROPERTY ON OKANAGAN LAKE

5834 &5836 BEACH AVENUE | PEACHLAND BC

$2,500,000

For Sale

$2,500,000

For Sale


The Opportunity

RLK Commercial presents a rare opportunity to purchase a prime lakeside commercial property located on the bustling Peachland downtown strip. Situated on Beach Avenue, just steps away from the shores of Lake Okanagan, this strata-titled building boasts a high foot traffic location and exceptional visibility. Across from the Peachland Heritage Park and Pier, this property is ideally positioned for maximum exposure to visitors and locals alike.

With exceptional potential for redevelopment, the 0.14-acre property currently consists of five month-to-month leased retail units totalling 4,710 square feet. Whether you’re seeking a long-term investment or a redevelopment project, this property offers flexibility and potential for ground-level commercial/retail space and up to two storeys of multi-family above.

 

Investment Highlights

  • Exceptional potential for redevelopment with ground-level commercial/retail space and up to 2 storeys of multi-family above
  • Consists of five retail units leased with month-to-month leases in place
  • Steps away from the lakeshore fronting the Peachland Marina

Property Details

STRATA LOT 1

MUNICIPAL ADDRESS 5836 Beach Avenue,  Peachland BC
YEAR BUILT 1977
BUILDING SIZE 1,950 SF
PID 018 – 040 – 161
LEGAL DESCRIPTION Strata Lot 1 District Lot 490 Osoyoos Division of Yal District Strata Plan KAS1165
ZONING C2  |  Core Commercial

STRATA LOT 2

MUNICIPAL ADDRESS 5834 Beach Avenue,  Peachland BC
YEAR BUILT 1977 (Unit 4405 extension built in 1993
BUILDING SIZE 2,760 SF
PID 018 – 040 – 152
LEGAL DESCRIPTION Strata Lot 2 District Lot 490 Osoyoos Division of Yal District Strata Plan KAS1165
ZONING C2  |  Core Commercial

TOTAL SITE SIZE                    0.14 Acres  |  6,098 SF


Building Details

FOUNDATION Concrete perimeter foundation walls and concrete slab on grade floor
EXTENSION An extension of the property was built in 1993 known as Unit 4405
ROOF Original building consists of torch-down roofing – Unit 4405 extension consists of tar and gravel roofing
HVAC Four packages rooftop units
NATURAL GAS Building has natural gas service connection
EASEMENT 12-Foot easement is situated diagonally at the corner of Unit 4405 of the property
INTERIOR FINISH T-Bar ceiling throughout the majority of the units – Unit 4405 consists of an open-concept ceiling
ELECTRICAL 3 Phase 400 AMP 230V

Please contact the listing agents for more information regarding the property easement and interior finishing for each individual unit.

 

Unit Details

ADDRESS / UNIT LEASABLE AREA LEASE STATUS
5836 Beach Avenue 1,950 SF LEASED | Month-to-Month Contract
5834 Beach Avenue 762 SF LEASED | Month-to-Month Contract
4401 2nd Street 560 SF LEASED | Month-to-Month Contract
4403 2nd Street 560 SF LEASED | Month-to-Month Contract
4405 2nd Street 778 SF LEASED | Month-to-Month Contract

 


Location Overview

Located between Penticton and West Kelowna, Peachland is a charming town situated on a steep sidehill with limited available land. 5834-5836 Beach Avenue is just steps away from the lakeshore and boat dock, offering stunning views and a serene atmosphere. With an anticipated increase in densification and growth along Beach Avenue, this area presents an advantageous investment opportunity.


Property Details

Property Type:

COMMERCIAL

Address:

5834 &5836 BEACH AVENUE | PEACHLAND BC

# of Units:

5

Total Building Size:

4,710 SF

Year Built:

1977

Zoning:

C2 | CORE COMMERCIAL

Possession:

IMMEDIATE


BROCHURE


Presented By

STEVE LAURSEN PREC

250.808.8101

Email STEVE LAURSEN PREC

stevelaursen@rlkcommercial.com


Request More Info



Property Details

STRATA LOT 1

MUNICIPAL ADDRESS 5836 Beach Avenue,  Peachland BC
YEAR BUILT 1977
BUILDING SIZE 1,950 SF
PID 018 – 040 – 161
LEGAL DESCRIPTION Strata Lot 1 District Lot 490 Osoyoos Division of Yal District Strata Plan KAS1165
ZONING C2  |  Core Commercial

STRATA LOT 2

MUNICIPAL ADDRESS 5834 Beach Avenue,  Peachland BC
YEAR BUILT 1977 (Unit 4405 extension built in 1993
BUILDING SIZE 2,760 SF
PID 018 – 040 – 152
LEGAL DESCRIPTION Strata Lot 2 District Lot 490 Osoyoos Division of Yal District Strata Plan KAS1165
ZONING C2  |  Core Commercial

TOTAL SITE SIZE                    0.14 Acres  |  6,098 SF


Building Details

FOUNDATION Concrete perimeter foundation walls and concrete slab on grade floor
EXTENSION An extension of the property was built in 1993 known as Unit 4405
ROOF Original building consists of torch-down roofing – Unit 4405 extension consists of tar and gravel roofing
HVAC Four packages rooftop units
NATURAL GAS Building has natural gas service connection
EASEMENT 12-Foot easement is situated diagonally at the corner of Unit 4405 of the property
INTERIOR FINISH T-Bar ceiling throughout the majority of the units – Unit 4405 consists of an open-concept ceiling
ELECTRICAL 3 Phase 400 AMP 230V

Please contact the listing agents for more information regarding the property easement and interior finishing for each individual unit.

 

Unit Details

ADDRESS / UNIT LEASABLE AREA LEASE STATUS
5836 Beach Avenue 1,950 SF LEASED | Month-to-Month Contract
5834 Beach Avenue 762 SF LEASED | Month-to-Month Contract
4401 2nd Street 560 SF LEASED | Month-to-Month Contract
4403 2nd Street 560 SF LEASED | Month-to-Month Contract
4405 2nd Street 778 SF LEASED | Month-to-Month Contract

 


Location Overview

Located between Penticton and West Kelowna, Peachland is a charming town situated on a steep sidehill with limited available land. 5834-5836 Beach Avenue is just steps away from the lakeshore and boat dock, offering stunning views and a serene atmosphere. With an anticipated increase in densification and growth along Beach Avenue, this area presents an advantageous investment opportunity.