5 Bedroom
1 Bathroom
1616 sqft
Forced Air, See Remarks
$875,000
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:52811)
Property Details
MLS® Number
|
10324676 |
Property Type
|
Single Family |
Neigbourhood
|
Main North |
Amenities Near By
|
Schools, Shopping |
Parking Space Total
|
1 |
Building
Bathroom Total
|
1 |
Bedrooms Total
|
5 |
Constructed Date
|
1917 |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Stucco |
Half Bath Total
|
1 |
Heating Type
|
Forced Air, See Remarks |
Roof Material
|
Steel |
Roof Style
|
Unknown |
Stories Total
|
2 |
Size Interior
|
1616 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Attached Garage
|
1 |
Street
|
|
Other
|
|
Land
Acreage
|
No |
Land Amenities
|
Schools, Shopping |
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 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Utility Room |
|
|
10'7'' x 10' |
Basement |
Bedroom |
|
|
14'9'' x 12'9'' |
Basement |
Laundry Room |
|
|
10'9'' x 11' |
Basement |
Primary Bedroom |
|
|
21'6'' x 14'3'' |
Basement |
Laundry Room |
|
|
10'7'' x 12' |
Basement |
Bedroom |
|
|
14'9'' x 12'9'' |
Basement |
Bedroom |
|
|
10'9'' x 11' |
Main Level |
Living Room |
|
|
23'4'' x 14'7'' |
Main Level |
Bedroom |
|
|
11'7'' x 8'6'' |
Main Level |
Partial Bathroom |
|
|
Measurements not available |
Main Level |
Kitchen |
|
|
11'3'' x 11'4'' |
Main Level |
Dining Room |
|
|
11'3'' x 11'6'' |
https://www.realtor.ca/real-estate/27477352/681-main-street-penticton-main-north