100 FRONT Street, Penticton

2024-10-05
 

Quick Summary

Location
100 FRONT Street, Penticton, British Columbia V2A1H3
Price
$4,500,000 CAD
Status:
For Sale
Property Type:
Office
Area:
18750ft2

MLS®#10325481

Property Description

Amazing investment, end user or re-development opportunity! 18,000+ sqft office building situated in one of the best locations in Penticton -- colourful Front Street, just blocks to the beach and the heart of downtown. Built in 1994 and sitting on 0.505 acres of land this building has approximately 25 parking stalls on site. The building has 18,750sqft of rentable space, is very well maintained and finished with high-end lease hold improvements throughout. The main floor has 2 units and a large unit on the top floor. Unit 101 is 5,081 sqft and is currently rented with a lease until 2028. Unit 102 is vacant and has 5,545 sqft of space. Unit 201 is vacant and has 8,137 sqft. The property is zoned C5 with a max height of 120 ft and 100% lot coverage with a 6 FAR. There is no longer a parking requirement for residential units in this zoning. This is an amazing condo site for development. Don’t miss out call today for more information. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Recreation, Shopping

Building

  • Fireplace: No
  • Interior Size: 18750 sqft
  • Building Type: Offices
  • Utility Water: Municipal water

Features

  • Feature: Level lot

Land

  • Land Size: 0.51 ac|under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by RE/MAX Penticton Realty
Listing information last updated on: 2024-11-13 23:19:00


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$500,000

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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.

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