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$1,399,000
2 Beds ⋅ 2 Baths ⋅ 10396030 MLS® #
Exceptional development opportunity at 334 Rigsby Street, ideally situated near downtown Penticton in a rapidly evolving neighbourhood. This expansive RM2-zoned property measures over 15,000 sq. ft.—approximately 96 feet wide by 157 feet deep—and offers convenient rear-lane access. RM2 zoning supports low-density multi-family development, including apartments, townhomes and cluster housing up to three storeys, subject to City approvals. With only one existing home to remove, the property presents a strong foundation for a thoughtfully designed residential project. Enjoy a central location close to Okanagan Lake, beaches, downtown shopping and dining, local breweries, schools, parks, transit and recreational facilities. A rare opportunity to secure a substantial development parcel in one of Penticton’s growing neighbourhoods. All measurements are approximate. Buyers should independently confirm zoning, permitted density, serving and development potential with the City of Penticton. (id:5764)

Rigsby Street, Penticton

Listing courtesy of Royal LePage Locations West.