Amazing investment, end user or re-development opportunity! 18,000+ sqft office building situated in one of the best locations in Penticton -- colourful Front Street, just blocks to the beach and the heart of downtown. Built in 1994 and sitting on 0.505 acres of land this building has approximately 25 parking stalls on site. The building has 18,750sqft of rentable space, is very well maintained and finished with high-end lease hold improvements throughout. The main floor has 2 units and a large unit on the top floor. Unit 101 is 5,081 sqft and is currently rented with a lease until 2028. Unit 102 is vacant and has 5,545 sqft of space. Unit 201 is vacant and has 8,137 sqft. The property is zoned C5 with a max height of 120 ft and 100% lot coverage with a 6 FAR. There is no longer a parking requirement for residential units in this zoning. This is an amazing condo site for development. Don’t miss out call today for more information. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Recreation, Shopping
Community Features
High Traffic Area
Features
Level lot
Listing Contract Date
2024-10-02
Municipal ID
013-449-885
Ownership Type
Freehold
Property Type
Industrial
Transaction Type
For sale
Zoning
Unknown
Building
Heating Type
Forced air, See remarks
Type
Other
Utility Water
Municipal water
Land
Total Size
0.51 acres
Access Type
Easy access
Amenities
Recreation, Shopping
Current Use
Industrial
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.51
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
