131 Ellis Street, Penticton

2025-12-15
 

Quick Summary

Location
131 Ellis Street, Penticton, British Columbia V2A4L4
Price
$1,695,000 CAD
Status:
For Sale
Property Type:
Other
Area:
5000 sqft

MLS®#10371201

Property Description

131 Ellis Street is ideally situated just steps from Okanagan Lake, offering an unbeatable downtown location close to popular breweries, restaurants, and premier shopping. This rare 7,840 sq ft Creekside property features C6 zoning, allowing for 100% lot coverage and building heights of up to 21 meters, presenting exceptional flexibility for redevelopment. Whether envisioned as luxury condominiums with retail at street level or as a destination restaurant, brewery, or wine bar, the site supports a wide range of high value uses. From the third floor upward, future development will enjoy stunning lake views, while the surrounding area offers a short stroll to the park, marina, and Penticton's vibrant waterfront. An outstanding opportunity to create a landmark project in one of the city's most desirable and walkable locations. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Park, Recreation, Shopping

Building

  • Fireplace: No
  • Interior Size: 5000 sqft
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: under 1 acre

Ownership

  • Type: Freehold

Information entered by Royal LePage Locations West
Listing information last updated on: 2025-12-15 22:32:04


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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.

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