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681 Main St

Main StPentictonBC, V2A 5E3

5
Beds
1
Baths
1,616
Sq. Ft.
$875,000
List Price
681 Main St, Penticton, BC - 1 of 3
681 Main St, Penticton, BC - 2 of 3
681 Main St, Penticton, BC - 3 of 3
New
2 days on market

Quick Summary

  • Rare mixed-use property with commercial and residential
  • Charming 480 sq ft commercial building with showroom
  • Spacious 5-bedroom, 2-bathroom home spanning 1,700 sq ft
  • Convenient rear alley access and separate garage
  • Flexible C5 zoning allows for 100% lot coverage
  • Exceptional development opportunity up to 8 stories
  • Ideal for investment with future appreciation potential
  • Strategically located on bustling Main Street

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... Show More

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:54626)

Property Details

Size

1,616 sq. ft.
12 total rooms across 2 floors
5 Beds
1 Bath
- 1 Partial

Parking

1 Parking Space
Attached Garage,Street,Other

Build

Year Built
1917
Model Name
-
Basement
-
Exterior
Stucco
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
Steel

Heating & Cooling

Heating
Forced air, See remarks
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Utility room

10′0″ x 10′7″

Bedroom

12′9″ x 14′9″

Laundry room

11′0″ x 10′9″

Primary Bedroom

14′3″ x 21′6″

Laundry room

12′0″ x 10′7″

Bedroom

12′9″ x 14′9″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
10324676
Last Updated
September 27, 2024
Brokerage
Royal Lepage Locations West
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