1348 Government Street, Penticton
Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate commercial listing. Some photos have been virtually staged. (id:62865)
Status
Active
Year Built
1960
Property Type
House
Ownership
Freehold
Parking Spaces
1
Annual Tax
$6,744
Parcel Number
001-575-902
Data Source
Association of Interior REALTORS®
Bedrooms
3
Bathrooms
2
Living Area
2082 square feet
Architectural Style
Bungalow
Basement
Full
Lot Size
0.14 acres
Lot Features
Exterior Features
Community Features
Roof
Asphalt shingle,Unknown
Heating
Forced air, See remarks
Cooling
Central air conditioning
Water Source
Municipal water
Sewer
Municipal sewage system
$524,900
Office
Engel & Volkers South Okanagan
Loan Amount:
$419,920
Estimated Monthly Payment:
$2,046
This is an estimate for informational purposes only. Consult with a financial advisor.
Similar Listings

$524,900
444 Ridge Place
Penticton
House

$545,000
443 RIDGE Place
Penticton
House

$499,900
404 RIDGE Court
Penticton
House

$550,000
440 Westminster Avenue W
Penticton
House