Contingent. Excellent opportunity to invest in a 7,800 sq. ft. (100' x 78') block building on a 0.25-acre lot in the heart of downtown Penticton. Located on historic Backstreet Boulevard, this high-visibility property benefits from strong foot traffic and excellent accessibility. C5 zoning allows for a mixed-use development up to 36 meters tall (subject to City of Penticton approval), offering potential for residential, commercial, office, retail, or personal service uses. The existing structure provides ample space for various business operations, with the flexibility to repurpose or redevelop as needed. With the current business relocating, the space will be available for immediate occupancy upon completion. Don’t miss this exceptional opportunity to acquire a well-positioned commercial property with significant redevelopment potential. Contact listing agent to learn more or schedule a private viewing. (id:4069)
Address
70 Backstreet Boulevard
List Price
$1,950,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Area
British Columbia
Sub-Area
Penticton
Lot Size
0.25 Sq. Ft.
Year Built
1969
MLS® Number
10333029
Listing Brokerage
Royal Lepage Locations West
Postal Code
V2A1H6
