707 Westminster Ave Penticton North (Penticton, British Columbia, CA - V2A 1K9) Built

$2,300,000

Royal Lepage Parkside Realty

Kevin Kole   * Personal Real Estate Corporation Kevin Kole * Personal Real Estate Corporation 250-488-1743 (Cell) 250-494-4222 (Fax) Request More Info

  • Development property
  • Type: Commercial
  • Style: 2 Storey
  • Development Level: Built
  • Lot Size: 0.47 acres
  • Suite: Yes
  • Year Built: 1975
  • Taxes: $10,310.00 (2021)
  • MLS ® #: 191661

Description

Contingent. Excellent investment and development opportunity! This long-time Penticton motel is bordering the city North Gateway plan for future growth and expansion. Currently zoned CT1 with rezoning possibilities for multifamily development under the OCP. Duplexes, cluster housing , fourplexes, townhouses, and bare land strata developments up to 3 ½ storeys all fall under future designations. This .47-acre site is just steps to the Okanagan Convention Center, SOEC, and only 1 ½ blocks to Okanagan Lake.

Attachments

P2#476947091
top
Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.