Offered for the first time in decades, 596 Martin Street presents a rare opportunity to acquire a prime property in the heart of downtown Penticton. This corner lot at Martin Street and White Avenue allows 100% site coverage and features C5 zoning, making it ideal for a mixed-use development. The highest and best use of the property includes a commercial space on the ground floor with apartments above. The building is a well-maintained, solid cinder block structure with outstanding street exposure. Parking is conveniently available at both the front and rear of the property. Currently, the property is fully leased to fantastic tenants occupying three separate office spaces, providing reliable revenue streams. Leases are in place, ensuring stable income. Please allow 24+ hours' notice for showings. (id:47423)
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Detailed Information
Amenities Nearby
Public Transit, Shopping
Features
Level lot, Corner Site
Listing Contract Date
2024-12-11
Municipal ID
012-461-482
# of Parking Spaces
4
Property Type
Retail
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1965
Cooling Type
Central air conditioning
Exterior Finish
Concrete Block
Heating Type
Forced air
Roof Material
Tar & gravel
Roof Style
Unknown
Type
Retail
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Telephone
Available
Water
Available
Land
Total Size
0.09 acres
Access Type
Easy access
Amenities
Public Transit, Shopping
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.09
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