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251 Main Street, Penticton
2026-03-17
Quick Summary
- Location
- 251 Main Street, Penticton, British Columbia V2A5B1
- Price
- $499,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 3000 sqft
- Year of Construction:
- 1902
MLS®#10379618
Property Description
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.†(id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Shopping
Building
- Fireplace: No
- Interior Size: 3000 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Features
- Feature: Level lot
Land
- Land Size: 0.07 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Engel & Volkers South Okanagan
Listing information last updated on: 2026-03-17 17:48:24
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
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
Yes, and yes.
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