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$799,900

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5 BD

1 BA

1,616 SqFt

Price Dropped by $75K

681 Main Street Penticton, BC V2A5C9

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Andrew Loewen

andrew@akloewen.ca +1(250) 801-6713

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,616 sqft

Price per Sqft $494

Subdivision Main North

MLS® Listing ID 10324676

Bedrooms 5

Half Baths 1

Originating Board Association of Interior REALTORS®

Year Built 1917

Lot Size 4,791 Sqft

Acres 4791.6

Property Description

Own a unique property package on bustling Main Street. This property is perfectly positioned for both immediate use and future development. This rare offering combines both commercial and residential components on a single lot, making it an ideal investment for savvy buyers. The property features a charming 480 sq ft storefront commercial building that has recently been completely built out for a showroom and can be effortlessly converted into storefront. Perfect for a variety of business ventures, alongside a 5-bedroom, 2-bathroom home spanning 1,700 sq ft. The residence is conveniently located directly behind the commercial space, providing privacy and easy access via a rear alley, complete with a separate garage for added convenience and storage. Zoned C5, this lot offers incredible flexibility for development, allowing for 100% lot coverage and no setbacks. This means you can maximize your investment potential with ease. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers eager to capitalize on the increasing demand for both residential and commercial spaces in this vibrant area. Whether you’re looking to hold the property for future appreciation or develop it into something spectacular today, contact the listing rep to learn more about this opportunity. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Extra Room 1 Basement 10'7'' x 10' Utility room

Extra Room 2 Basement 14'9'' x 12'9'' Bedroom

Extra Room 3 Basement 10'9'' x 11' Laundry room

Extra Room 4 Basement 21'6'' x 14'3'' Primary Bedroom

Extra Room 5 Basement 10'7'' x 12' Laundry room

Extra Room 6 Basement 14'9'' x 12'9'' Bedroom

Interior

Heating Forced air, See remarks

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

View Y/N No

Roof Type Unknown

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by Royal Lepage Locations West

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Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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681 Main Street Penticton, BC V2A5C9

Andrew Loewen

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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681 Main Street