$875,000 FOR SALE

Detached

Bedrooms: 5Bathrooms: 1

681 Main Street
Penticton, BC V2A 5C9 | Main North

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:47423)

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Listed By Royal Lepage Locations West
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10324676
Last Updated Sep 27, 2024
Property Summary
Property Type Detached

More like this:
Neighbourhood Main North
Price History
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Detailed Information
Bedrooms 5
Bathrooms 1
Amenities Nearby Schools, Shopping
Listing Contract Date 2024-09-27
Municipal ID 012-463-639
Ownership Type Freehold
# of Parking Spaces 1
Property Type Single Family
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 1917
Construction Style (Attachment) Detached
Exterior Finish Stucco
# of Half Bathrooms 1
Heating Type Forced air, See remarks
Roof Material Steel
Roof Style Unknown
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Utility roomBasement10'7'' x 10'
BedroomBasement14'9'' x 12'9''
Laundry roomBasement10'9'' x 11'
Primary BedroomBasement21'6'' x 14'3''
Laundry roomBasement10'7'' x 12'
BedroomBasement14'9'' x 12'9''
BedroomBasement10'9'' x 11'
Living roomMain level23'4'' x 14'7''
BedroomMain level11'7'' x 8'6''
Partial bathroomMain levelMeasurements not available
KitchenMain level11'3'' x 11'4''
Dining roomMain level11'3'' x 11'6''
Parking Spaces
Name Spaces
Attached Garage1
Street
Other
Land
Total Size 0.11 acres
Amenities Schools, Shopping
Sewer Municipal sewage system
Size of Irregular Land 0.11

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