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Renanza Realty
For sale

626 MARTIN Street

Penticton, British Columbia

MLS® 10404343

$469,000

Status
Active
Property type
Office
MLS® number
10404343
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley.

This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator.

New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units

Property summary

MLS® number
10404343
Property type
Office
Building type
Offices
Size
976 sq ft
Land size
0.11 acres
Parking
4 spaces · Rear, Street
Days on market
10 days

Features & details

Heating
Forced air, See remarks
Exterior features
Wood
Lot features
Level lot
Community features
High Traffic Area

What would this home cost you?

Based on the $469,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,182 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Penticton Realty, Penticton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.