Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate commercial listing. Some photos have been virtually staged. (id:4069)
Address
1348 Government Street
List Price
$574,900
Property Type
Single Family
Type of Dwelling
Single Family
Style of Home
Bungalow
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Bedrooms
3
Bathrooms
2
Floor Area
2,082 Sq. Ft.
Lot Size
0.14 Sq. Ft.
Year Built
1960
MLS® Number
10377853
Listing Brokerage
Engel & Volkers South Okanagan
Basement Area
Full
Postal Code
V2A4V8
Site Influences
Airport, Recreation, Schools, Shopping
Features
Wheelchair access
