Unique opportunity to acquire a C5 (Urban Centre Commercial) zoned vacant lot in a central Penticton location. Approximately 32' x 120' and 0.091 acres, the property benefits from lane access and offers potential for a variety of future uses permitted within the C5 zone. The adjoining 7-unit apartment property at 156 Nanaimo Avenue East is also available separately, creating an opportunity for an investor or developer to acquire both properties and control a larger site while benefiting from existing rental income next door. Conveniently located near downtown, shopping, restaurants, transit and amenities. An interesting opportunity as a standalone property or as part of a larger acquisition. Buyers to independently verify zoning, permitted uses and development potential with the City of Penticton. (id:13843)
| MLS # | 10402001 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | eXp Realty | Chris Marte |
| Acreage | 0.09 |
|---|
| Fireplace Yes / No | No |
|---|
| Utilities | Electricity |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 6767.75 |
|---|
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A1M4 |
| Listing VS Median (in V2A1M4) | |
Price: $488,000 low | high Med: $1,295,000 On site: 20 low | high Med: 20 | |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A1M4 |
| Listing VS Median (in V2A1M4) | |
Price: $488,000 low | high Med: $1,295,000 On site: 20 low | high Med: 20 | |