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681 Main Street Penticton, British Columbia V2A 5C9

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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 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