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Updated Flex Space
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402 Industrial Avenue E, BC

Penticton, BC

Property Size5,800 SF
Price / SF$0.00
Days on Market46

Property Features for 402 Industrial Avenue E

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Building Details

Year built 1968
Listing Agency: Engel & Volkers South Okanagan · Engel & Völkers
Listed By: Jonathan Wall
Added: Jul 15 Changed: Aug 20 Last Checked: Aug 29 at 1:06AM
MLS# 10388188

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 5,800-square-foot flex space at 402 Industrial Avenue E has M1 zoning and a versatile open configuration. Removal of the drop ceiling has increased the sense of volume within the premises. The property supports a range of general and light industrial applications identified in the zoning, including contractor operations, storage, wholesale and warehouse functions, wine cold storage, motor repair, and restaurant use.

The building fronts both Government Street and Industrial Avenue in Penticton, with access to Hwy 97 and proximity to Penticton Regional Hospital. Client and staff parking is positioned directly in front of the space. The property was built in 1968, and the premises may be considered as a whole.

Key Highlights

  • Approximately 5,800 SF of M1‑zoned flex space
  • Frontage on Government Street and Industrial Avenue
  • Easy access to Hwy 97 and proximity to Penticton Regional Hospital

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access

Market

Vacancy Rate% for Industrial in the U.S.

4.8% 2019
5.2% 2020
3.4% 2021
3.1% 2022
5.2% 2023
6.6% 2024
7.1% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - M1-zoned commercial space with street exposure, front parking, and access to mixed general and light industrial uses.
Where is this flex space located?
The property is located at 402 Industrial Avenue E BC.
What are key features of this property?
This property features: Approximately 5,800 SF of M1‑zoned flex space; Frontage on Government Street and Industrial Avenue; Easy access to Hwy 97 and proximity to Penticton Regional Hospital
More about this property
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