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596 Martin Street, Penticton
2024-12-11
Quick Summary
- Location
- 596 Martin Street, Penticton, British Columbia V2A5L4
- Price
- $624,900
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 2063ft2
- Year of Construction:
- 1965
MLS®#10330078
Property Description
Offered for the first time in decades, 596 Martin Street presents a rare opportunity to acquire a prime property in the heart of downtown Penticton. This corner lot at Martin Street and White Avenue allows 100% site coverage and features C5 zoning, making it ideal for a mixed-use development. The highest and best use of the property includes a commercial space on the ground floor with apartments above. The building is a well-maintained, solid cinder block structure with outstanding street exposure. Parking is conveniently available at both the front and rear of the property. Currently, the property is fully leased to fantastic tenants occupying three separate office spaces, providing reliable revenue streams. Leases are in place, ensuring stable income. Please allow 24+ hours' notice for showings. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Shopping
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Concrete Block
- Fireplace: No
- Interior Size: 2063 sqft
- Building Type: Retail
- Utility Water: Municipal water
Features
- Feature: Level lot, Corner Site
Land
- Land Size: 0.09 ac|under 1 acre
- Sewer: Municipal sewage system
Information entered by Chamberlain Property Group
Listing information last updated on: 2024-12-11 19:23:25
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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.
Yes, and yes.
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