Exceptional opportunity to acquire a 1.798-acre property in a prime Penticton location, offering outstanding future redevelopment potential. The property is currently zoned C4, with a future land use designation supporting Mixed Use, making it ideal for a wide range of commercial and residential development opportunities. The site features three buildings (approx. 14,675 square feet in total), two of which are fully occupied, with the third approx. 50% occupied, providing in-place income while planning for future development. Well positioned in a high-traffic area with strong visibility, the property is in close proximity to a wide range of amenities, services, and major transportation routes, further enhancing its long-term value and development appeal. (id:4069)
Address
40 Calgary Avenue
List Price
$3,400,000
Property Type
Retail
Type of Dwelling
Retail
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Lot Size
1.8 Sq. Ft.
MLS® Number
10383283
Listing Brokerage
Coldwell Banker Horizon Realty
Postal Code
V2A5E9
