New

Residential or Business Opportunity in the South Okanagan

CA$574,900
  • 15 Rooms
  • 2 Bathrooms
  • ~567 m² Total surface
  • ~193 m² Living area

Description

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 commercial listing. Some photos have been virtually staged.
Features
Air-conditioningBasement
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Engel & Völkers

Your advisor: Jonathan Wall

Property ID: AM-5515622

Property details
  • Object type

    Detached house

  • Rooms

    15

  • Bathrooms

    2

  • Number of Floors

    1

  • Parking spaces

    1

  • Total surface

    ~567 m²

  • Living area

    ~193 m²

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