681 Main Street Active

Penticton,BC V2A5C9

$ 875000

5 Beds

1 Bath

1616 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,616 sqft

Price per Sqft $541

Subdivision Main North

MLS Listing ID 10324676

Bedrooms 5

Half Baths 1

Year Built 1917

Lot Size 4,791 Sqft

Property Description

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:24570)

Location

Province BC

Zoning Unknown

Interior

Heating Forced air,See remarks

Exterior

Garage Yes

Garage Spaces 1.0

Garage Description 1

Waterfront No

View Y/N No

Roof Type Unknown

Building

Story 2

Sewer Municipal sewage system

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