Prime commercial property in an excellent location in one of Penticton's most desirable urban areas. 24-74 Front Street along with 85 Backstreet is situated on approximately .60 acres. The property is fully leased with 7 tenants but also has prime development potential. C5 zoning supports a mix of commercial and residential uses. The main building features approximately 4,400+ sq ft of unleased & unfinished of second & third floor area that could be finished into leasable space. Lots of upside here! 34 parking spaces. This area is currently transitioning with new commercial and residential building. This is an excellent passive income earning property with incredible future development potential. Call for more information. (id:13843)
| MLS # | 10402360 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Year | 1950 |
| Days On Site | 11 |
| Listing Provided By | Chamberlain Property Group | Peter Byrnes |
| SQ Feet | 4,400 |
|---|---|
| Acreage | 0.60 |
| Cooling | Heat Pump |
|---|---|
| Heating | Forced air, See remarks |
| Fireplace Yes / No | No |
| Roof | Unknown, Unknown |
|---|---|
| Lot Features | Level lot, Corner Site |
| Parking Features | Breezeway, Additional Parking |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A1H1 |
| Listing VS Median (in V2A1H1) | |
Price: $2,895,000 low | high Med: $2,050,000 sqft: 4,400 low | high Med: 5,571 $ / sqft: $658 low | high Med: $368 On site: 11 low | high Med: 53 | |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A1H1 |
| Listing VS Median (in V2A1H1) | |
Price: $2,895,000 low | high Med: $2,050,000 sqft: 4,400 low | high Med: 5,571 $ / sqft: $658 low | high Med: $368 On site: 11 low | high Med: 53 | |
![]() | $3,598,000591 Vancouver AvenuePenticton, BC V2A1A4 |