608 WINNIPEG STREET Penticton Main North (Penticton, British Columbia, CA - V2A 5M9) Built

$549,800 CAD
.25 acre property near the downtown.

Royal Lepage

Dan Jones, Realtor Dan Jones, Realtor 1-800-734-0457 (Office) 1-250-488-0226 (Cell) Request More Info

  • The City would be supportive of such a change in use.
  • Type: Commercial
  • Style: Single Story
  • Development Level: Built
  • Lot Size: 0.25 acres
  • Year Built: 1952
  • Taxes: $31.00 CAD (2020)
  • MLS ® #: 185787

Description

Here is a unique opportunity to acquire a .25 acre property near the downtown. Current zoning is P1 which was needed for the Church that has occupied this site for several decades. Other uses under this zoning include a carnival (!), commercial school, day care, patient care, entertainment centre, office, outdoor market, parking lot, restaurant, store or many other uses. Building is a solid cement block structure of approx. 1500 sq. ft. main floor with a full, half in-ground basement. Non-profit status of the Seller accounts for the annual taxes being $31. There are 2 natural gas forced air furnaces (1 for the main floor & 1 for the basement), hot water on demand, 2 washrooms & various storage areas. OCP is for Urban Residential which envisions 3-6 storey apartments & townhouses if rezoned to RM3. The City would be supportive of such a change in use. Priced just over $50 per sq. ft. which makes this an attractive investment for development. There is a 5' easement on south side.

Attachments

Highlights

  • Site Influences Easy Access, Public Tran. Nearby, Shopping Nearby, Landscaped, Flat Site Amenities Central Heat, Visitor Parking
  • Restriction Notes SHARED DRIVEWAY WITH APARTMENT BUILDING TO THE SOUTH. OFF-SETTING 5' EASMEENTS FOR EACH PROPERTY.

Features

Exterior Finish

  • Concrete Block

Heating

  • Forced Air
  • Natural Gas

Sewer/Water Systems

  • Water District
P2#402101374
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Information is deemed to be correct but not guaranteed.

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