Prime downtown Penticton commercial opportunity in the 200 block of Main Street-offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers' Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton's most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold "as is, where is." - Contingent. (id:13843)
| MLS # | 10379618 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Year | 1902 |
| Days On Site | 193 |
| Listing Provided By | Engel & Volkers South Okanagan | Jonathan Wall |
| SQ Feet | 3,000 |
|---|---|
| Acreage | 0.07 |
| Heating | Forced air, See remarks |
|---|---|
| Fireplace Yes / No | No |
| Lot Features | Level lot |
|---|
| Parking Features | Street |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 8812.17 |
|---|
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A5B1 |
| Listing VS Median (in V2A5B1) | |
Price: $449,000 low | high Med: $449,000 sqft: 3,000 low | high Med: 3,000 $ / sqft: $150 low | high Med: $150 On site: 193 low | high Med: 193 | |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A5B1 |
| Listing VS Median (in V2A5B1) | |
Price: $449,000 low | high Med: $449,000 sqft: 3,000 low | high Med: 3,000 $ / sqft: $150 low | high Med: $150 On site: 193 low | high Med: 193 | |