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1348 Government Street, Penticton
2026-04-11
Quick Summary
MLS®#10383032
Property Description
Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate residential listing. Some photos have been virtually staged. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Airport, Recreation, Schools, Shopping
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Stucco
- Fireplace: No
- Interior Size: 2000 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Features
- Feature: Wheelchair access
Land
- Land Size: 0.14 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Engel & Volkers South Okanagan
Listing information last updated on: 2026-04-10 23:29:24
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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.
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