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1580 Fairview Road Penticton, British Columbia V2A 6A3

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3 Bedroom 1 Bathroom 1581 sqft
Ranch Central Air Conditioning Forced Air

$600,000

**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:52811)

Property Details

MLS® Number 10323781
Property Type Single Family
Neigbourhood Main North
Parking Space Total 1

Building

Bathroom Total 1
Bedrooms Total 3
Architectural Style Ranch
Basement Type Full
Constructed Date 1949
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Heating Type Forced Air
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 1
Size Interior 1581 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Covered
Detached Garage 1
Rear

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.28
Size Total 0.28 Ac|under 1 Acre
Size Total Text 0.28 Ac|under 1 Acre
Zoning Type Residential

Rooms

Level Type Dimensions
Basement Recreation Room 22'4'' x 16'
Basement Bedroom 11'10'' x 10'10''
Main Level Laundry Room 9'4'' x 8'9''
Main Level Living Room 15'9'' x 12'1''
Main Level Kitchen 12'10'' x 12'1''
Main Level Bedroom 10'7'' x 8'10''
Main Level Primary Bedroom 10'7'' x 9'5''
Main Level 4pc Bathroom 7'10'' x 6'10''

https://www.realtor.ca/real-estate/27405675/1580-fairview-road-penticton-main-north