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626 Martin Street Penticton, British Columbia V2A 5L6

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976 sqft
Forced Air, See Remarks Level

$625,000

Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units. (id:52811)

Property Details

MLS® Number 10329758
Property Type Office
Neigbourhood Main North
Amenities Near By Schools, Shopping
Community Features High Traffic Area
Features Level Lot
Parking Space Total 4

Building

Constructed Date 1940
Exterior Finish Wood
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Size Interior 976 Sqft
Type Offices
Utility Water Municipal Water

Parking

Street
Rear

Land

Access Type Easy Access
Acreage No
Land Amenities Schools, Shopping
Landscape Features Level
Sewer Municipal Sewage System
Size Irregular 0.11
Size Total 0.11 Ac|under 1 Acre
Size Total Text 0.11 Ac|under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/27719138/626-martin-street-penticton-main-north