$624,900 FOR SALE

Commercial/Retail

596 Martin Street
Penticton, BC V2A 5L4 | Main North

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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Listed By Chamberlain Property Group
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10330078
Last Updated Dec 11, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Main North
Price History
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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
ElectricityAvailable
TelephoneAvailable
WaterAvailable
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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