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681 Main Street | $875,000
Stephen Janzen PREC * Agent Photo
Stephen
Janzen PREC *
C. (250) 460-6677
 P. (250) 493-2244
 Phone Stephen stewartgrouprealty.ca
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

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Address 681 Main Street
AreaSouth Okanagan
Sub AreaPE - Main North
State/ProvinceBritish Columbia
CountryCanada
Price$875,000
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms1
Half Baths1
Floor Space1616 Square Feet
Lot Size0.11 Acres
WaterfrontNo
Year Built1917
Taxes $3,746
Tax Year2024
MLS® #10324676

Own a unique property package on bustling Main Street. This property is perfectly positioned for both immediate use and future development. This rare offering combines both commercial and residential components on a single lot, making it an ideal investment for savvy buyers. The property features a charming 480 sq ft storefront commercial building that has recently been completely built out for a showroom and can be effortlessly converted into storefront. Perfect for a variety of business ventures, alongside a 5-bedroom, 2-bathroom home spanning 1,700 sq ft. The residence is conveniently located directly behind the commercial space, providing privacy and easy access via a rear alley, complete with a separate garage for added convenience and storage. Zoned C5, this lot offers incredible flexibility for development, allowing for 100% lot coverage and no setbacks. This means you can maximize your investment potential with ease. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers eager to capitalize on the increasing demand for both residential and commercial spaces in this vibrant area. Whether you’re looking to hold the property for future appreciation or develop it into something spectacular today, contact the listing rep to learn more about this opportunity.

Listed by ROYAL LEPAGE LOCATIONS WEST

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