Contingent. Excellent opportunity to invest in a 7,800 sq. ft. (100' x 78') block building on a 0.25-acre lot in the heart of downtown Penticton. Located on historic Backstreet Boulevard, this high-visibility property benefits from strong foot traffic and excellent accessibility. C5 zoning allows for a mixed-use development up to 36 meters tall (subject to City of Penticton approval), offering potential for residential, commercial, office, retail, or personal service uses. The existing structure provides ample space for various business operations, with the flexibility to repurpose or redevelop as needed. With the current business relocating, the space will be available for immediate occupancy upon completion. Don’t miss this exceptional opportunity to acquire a well-positioned commercial property with significant redevelopment potential. Contact listing agent to learn more or schedule a private viewing. (id:44056)

Property Details

Full Address:
70 Backstreet Boulevard, Penticton, British Columbia
Price:
$ 1,950,000
MLS Number:
10333029
List Date:
January 28th, 2025
Lot Size:
0.25 ac
Year Built:
1969
Taxes:
$ 13,854

Interior Features

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 13,854

Floors

Land

Lot Size:
0.25 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Jesse Chapman
Royal Lepage Locations West
Co-Listing: Danielle Chapman
Royal Lepage Locations West

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