PENTICTON

Penticton is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Penticton has become a popular destination for both tourists and residents.

The real estate market in Penticton has been steady and offers a mix of single-family homes, townhouses, and condos available. Prices are relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The town also boasts a great downtown area with many shops and restaurants. It is surrounded by several wineries that offer tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking nearby, and skiing at the Apex Mountain Resort. Penticton is also host to the famous "Ironman" triathlon and the Peach Festival, held annually in August.

Description

Amazing investment, end user or re-development opportunity! 18,000+ sqft office building situated in one of the best locations in Penticton -- colourful Front Street, just blocks to the beach and the heart of downtown. Built in 1994 and sitting on 0.505 acres of land this building has approximately 25 parking stalls on site. The building has 18,750sqft of rentable space, is very well maintained and finished with high-end lease hold improvements throughout. The main floor has 2 units and a large unit on the top floor. Unit 101 is 5,081 sqft and is currently rented with a lease until 2028. Unit 102 is vacant and has 5,545 sqft of space. Unit 201 is vacant and has 8,137 sqft. The property is zoned C5 with a max height of 120 ft and 100% lot coverage with a 6 FAR. There is no longer a parking requirement for residential units in this zoning. This is an amazing condo site for development. Don’t miss out call today for more information. (id:2469)

Features

Level lot

Amenities

Recreation, Shopping

Listing Provided By

RE/MAX Penticton Realty

Neighborhood Info

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Property Details

Living Area
18,750 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.51 ac|under 1 acre
Taxes
N/A
Type
Offices
Style
N/A
Basement
Year Built
N/A
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave w
  • Penticton, BC
  • V2A2A9