Own a unique property package on bustling Main Street. This property is perfectly positioned for both immediate use and future development. This rare offering combines both commercial and residential components on a single lot, making it an ideal investment for savvy buyers. The property features a charming 480 sq ft storefront commercial building that has recently been completely built out for a showroom and can be effortlessly converted into storefront. Perfect for a variety of business ventures, alongside a 5-bedroom, 2-bathroom home spanning 1,700 sq ft. The residence is conveniently located directly behind the commercial space, providing privacy and easy access via a rear alley, complete with a separate garage for added convenience and storage. Zoned C5, this lot offers incredible flexibility for development, allowing for 100% lot coverage and no setbacks. This means you can maximize your investment potential with ease. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers eager to capitalize on the increasing demand for both residential and commercial spaces in this vibrant area. Whether you’re looking to hold the property for future appreciation or develop it into something spectacular today, contact the listing rep to learn more about this opportunity. (id:4069)
Address
681 Main Street
List Price
$799,900
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Penticton
Bedrooms
5
Bathrooms
1
Floor Area
1,616 Sq. Ft.
Lot Size
0.11 Sq. Ft.
Year Built
1917
MLS® Number
10324676
Listing Brokerage
Royal Lepage Locations West
Postal Code
V2A5C9
Site Influences
Schools, Shopping
