REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,349,000
Est. payment | /mo
4,356 Sqft Lot
$ 1,349,000
Est. payment | /mo
4,356 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Main North
MLS® Listing ID 10342006
Originating Board Association of Interior REALTORS®
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Freehold
Property Description
Penticton one of the most beautiful cities of BC offers a very unique opportunity to the investors and developers to build a multistorey building in the downtown core of the city. This C5 zoned lot , which is only steps away from famous Lake Okanagan has the potential of High Density Residential ( Up to 12 Storeys) The City council supports it and is willing to work with the Developers with their unique ideas and vision. Existing approved DP plans provide a unique opportunity for a developer to take full advantage of C5 zoning. Build a 5 Storey high building with Commercial Space on the ground floor and 3 very spacious 2 bed room 2 bath room residential units on each upper floors. Super downtown Location which itself is very beautiful and only 5 minutes walking distance to famous Beaches of Okanagan Lake , City Park and Casinos. Perfect place for retirees or long time or short time investors. (id:24570)
Location
State BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer See remarks
Others
Ownership Freehold
Listed by Oakwyn Realty Okanagan
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "