626 MARTIN Street, Penticton, British Columbia V2A5L6

Listing courtesy of RE/MAX Penticton Realty.

$499,000
976
SqFt

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List Price
$499,000
MLS®
10388433
Days on Market
65
Status
ACTIVE
Type
Commercial
Subtype
Office
Living Area
976
Lot Size Dimensions
0.11
Lot Size
4,791
Subdivision
Main North

Property Description

Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Main North
Parking Spaces
4
Country
Canada
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Community Features
High Traffic Area
Heating
Forced air, See remarks
Lot Features
Level lot
Lot Size
4,791

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Calculator source: Real Geeks