Developers Multifamily Dream Lot! Located at the corner of Wade Ave W and Rigsby Street in the heart of Penticton’s north end, these 3 separately titled lots are a short walk from Okanagan Lake Beach. Zoning of RM3 allows for High Density Residential Development with a FAR of 1.6 that allows up to 47,300 SQFT +/- of developable floor area with a building height of up to 6 stories. This is the largest vacant parcel available and ready for development, with close proximity to Okanagan Lake. The sale includes the three individually titled lots of 393 Rigsby St, 535 Wade Ave W and 549 Wade Ave W. Lots are being sold as a package only. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (id:47423)
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Detailed Information
Amenities Nearby
Golf Nearby, Public Transit, Recreation, Schools
Features
Level lot, Corner Site
Listing Contract Date
2024-08-30
Municipal ID
002-442-108, 002-442-116, 002-442-124
Ownership Type
Freehold
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning
Unknown
Building
Type
Other
Utility Water
None
Utilities
Type
Description
Cable
At Lot Line
Electricity
At Lot Line
Natural Gas
At Lot Line
Telephone
At Lot Line
Sewer
Available
Water
At Lot Line
Land
Total Size
0.68 acres
Access Type
Easy access
Amenities
Golf Nearby, Public Transit, Recreation, Schools
Landscape Features
Level
Sewer
See remarks
Size of Irregular Land
0.68
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