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681 Main Street, Penticton
2024-09-27
Quick Summary
- Location
- 681 Main Street, Penticton, British Columbia V2A5C9
- Price
- $799,900
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1616ft2
- Bedrooms:
- 5
- Bathrooms:
- 1
- Year of Construction:
- 1917
MLS®#10324676
Property Description
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Schools, Shopping
Building
- Construction Style: Detached
- Exterior Finish: Stucco
- Fireplace: No
- Interior Size: 1616 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 0.11 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal Lepage Locations West
Listing information last updated on: 2024-12-12 00:29:48
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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