Wood
645 Main Street
Penticton, BC
Canada V2A 5C9
Details
Address | 681 Main Street |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $875,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 1 |
Half Baths | 1 |
Floor Space | 1616 Square Feet |
Lot Size | 0.11 Acres |
Waterfront | No |
Year Built | 1917 |
Taxes | $3,746 |
Tax Year | 2024 |
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
Location
About
Mission Statement:
Behind every real estate transaction
there is always a person or family involved.
Buying or selling a home is the most
important financial transaction that a person will make in their life. Our goal, at the Wood Team, is to ensure a
smooth and efficient process in our personalized real estate service.
We
Believe that trust is obtained through honest communication and follow-through.
Vision Statement:
To be known in the real estate community
because of our excellence and integrity.
MEET THE WOOD TEAM:
Mike Wood
As a father of 1 and a stepfather of 4, over the years Mike has been a coach and assistant coach for Soccer and Lacrosse. He is very proud father and plays a variety of sports himself including Slo-Pitch, Pickleball, Water Skiing, Wake Surfing and more.
With over 25 years of real estate experience, he holds licenses from UBC Sauder School of Business in real estate, brokering, strata management, rental property management and mortgage brokering.
Mike
has belonged to many great organizations over the years including serving as a
member of the South Okanagan Real Estate Board and is familiar
with the many great area’s the South Okanagan has to offer
Tricia Radcliffe
With much time spent on a
remote island off the coast of Vancouver Island, and then living off the grid
in BC’s Rocky Mountains, this devoted partner, and mother of 3, is ready to
take on any challenge. Whether it’s homeschooling, volunteer firefighting, or
chasing bears out of the yard, each task is acted on with determination.
With a background in the service industry, Tricia
believes that positive
impact happens with a service attitude and is the number one value in how she
runs her business. Likewise, skillful
practice is paramount to maintaining excellent support, therefore, lifelong
learning and new experiences are a constant in her career. Tricia is licensed from UBC Sauder School of Business in real estate
and is a proud member of the Chamber of Commerce.
Tricia’s priorities in selling real
estate are dependent on who she is serving, because what’s right for you may
not align with someone else. Your priorities are her priorities, and you can
have faith that she will look after your best interest. Selling, buying, both
or neither, her commitment to serving you will not change, ensuring your
transaction is a positive experience.
“ We
enjoy all that our community has to offer and engage in opportunities to meet
new people and participate in local activities and events.”
Would you like to work together? Please don't hesitate to reach out to us, we look forward to hearing from you.
A Trusted Name in Real Estate