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86 Veterans Way Penticton, British Columbia V2A 1B1

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$1,349,000

Penticton one of the most beautiful cities of BC offers a very unique opportunity to the investors and developers to build a multistorey building in the downtown core of the city. This C5 zoned lot , which is only steps away from famous Lake Okanagan has the potential of High Density Residential ( Up to 12 Storeys) The City council supports it and is willing to work with the Developers with their unique ideas and vision. Existing approved DP plans provide a unique opportunity for a developer to take full advantage of C5 zoning. Build a 5 Storey high building with Commercial Space on the ground floor and 3 very spacious 2 bed room 2 bath room residential units on each upper floors. Super downtown Location which itself is very beautiful and only 5 minutes walking distance to famous Beaches of Okanagan Lake , City Park and Casinos. Perfect place for retirees or long time or short time investors. (id:52811)

Property Details

MLS® Number 10342006
Property Type Vacant Land
Neigbourhood Main North
Road Type Paved Road

Building

Type Other
Utility Water Municipal Water

Land

Acreage No
Current Use Development Residential
Sewer See Remarks
Size Irregular 0.1
Size Total 0.1 Ac|under 1 Acre
Size Total Text 0.1 Ac|under 1 Acre
Zoning Type Unknown

Utilities

Electricity At Lot Line
Natural Gas At Lot Line
Sewer Available
Water At Lot Line

https://www.realtor.ca/real-estate/28149273/86-veterans-way-penticton-main-north