251 Main Street, Penticton

2026-03-17

251 Main Street, Penticton, British Columbia

3000 ft²
For Sale Other
$449,000

MLS®#10379618

Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers’ Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton’s most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.” - Contingent. (id:32467)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 3000 ft²
Built in 1902
Parking Type
Neighbourhood Penticton

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

Slide to select your home's price

$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

Send a Message

One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q.
What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal