Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate residential listing. Some photos have been virtually staged. (id:4069)
Address
1348 Government Street
List Price
$449,900
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Floor Area
2,000 Sq. Ft.
Lot Size
0.14 Sq. Ft.
Year Built
1960
MLS® Number
10383032
Listing Brokerage
Engel & Volkers South Okanagan
Postal Code
V2A4V8
Ownership
Freehold
Parking Places (Total)
6
Site Influences
Airport, Recreation, Schools, Shopping
Features
Wheelchair access
Community Features
High Traffic Area
Heat Type
Forced air, See remarks
Cooling Features
Central air conditioning
Water Source
Municipal water
Access To Property
Easy access
Sewer
Municipal sewage system
