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1580 Fairview Rd

Fairview RdPentictonBC, V2A 6A3

3
Beds
1
Baths
1,581
Sq. Ft.
$625,000
List Price
1580 Fairview Rd, Penticton, BC - 1 of 3
1580 Fairview Rd, Penticton, BC - 2 of 3
1580 Fairview Rd, Penticton, BC - 3 of 3
New
20 days on market

Quick Summary

  • Expansive 0.28-acre lot zoned for development
  • Ideal for real estate developers, renovators or investors
  • Property designated for commercial use by OCP
  • Excellent visibility and proximity to Highway 97
  • Existing 3-bedroom, 1-bathroom home for rental income
  • Ample parking with detached garage at rear
  • Flexible zoning allows for various commercial projects
  • Prime location in high-traffic, growing area

**Development Opportunity on Fairview Road | .28 Acres Zoned RL-4** Prime development potential on Fairview Road. This expansive .28-acre lot zoned RL-4, is ideal for real estate developers, renovators or investors looking to take advantage of its future potential. The Official Community Plan (OCP) designates this property for commercial... Show More

**Development Opportunity on Fairview Road | .28 Acres Zoned RL-4** Prime development potential on Fairview Road. This expansive .28-acre lot zoned RL-4, is ideal for real estate developers, renovators or investors looking to take advantage of its future potential. The Official Community Plan (OCP) designates this property for commercial use, offering endless potential for redevelopment. Fronting on Fairview Road, this parcel boasts excellent visibility and close proximity to Highway 97—perfect for a range of commercial projects. The existing home includes a 3-bedroom, 1-bathroom home, which can be renovated, rented, or used as an income-generating property during the planning and development stages. The property also includes plenty of parking including a detached garage at the rear. Whether you’re looking to maximize the current zoning or explore its long-term commercial use potential, this lot offers both flexibility and prime positioning. Don’t miss out on a chance to capitalize on this unique opportunity in a high-traffic, growing area. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (id:54626)

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Property Details

Size

1,581 sq. ft.
8 total rooms across 1 floor
3 Beds
1 Bath
1 Full

Parking

1 Parking Space
See Remarks,Covered,Detached Garage,Rear

Build

Year Built
1949
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
1
Flooring
-
Roof
Asphalt shingle

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Recreation room

16′0″ x 22′4″

Bedroom

10′10″ x 11′10″

Laundry room

8′9″ x 9′4″

Living room

12′1″ x 15′9″

Kitchen

12′1″ x 12′10″

Bedroom

8′10″ x 10′7″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Source

Listing Brokerage

MLS® Listing
10323781
Last Updated
September 20, 2024
Brokerage
Real Broker B.C. Ltd
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