1348 Government Street, Penticton, British Columbia V2A4V8

Listing courtesy of Engel & Volkers South Okanagan.

$499,900
2,000
SqFt

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List Price
$499,900
Price Change
▼ $25,000 1781135206
MLS®
10383032
Days on Market
107
Status
ACTIVE
Type
Commercial
Subtype
Other
Living Area
2,000
Lot Size Dimensions
0.14
Lot Size
6,098
Subdivision
Main North

Property Description

Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate residential listing. Some photos have been virtually staged. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Main North
Parking Spaces
6
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Community Features
High Traffic Area
Heating
Forced air, See remarks
Lot Features
Wheelchair access
Lot Size
6,098

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