626 Martin StreetPentictonBritish ColumbiaV2A5L6

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. (id:35966)

Listing Details

Property Details

Full Address:
626 MARTIN Street, Penticton, British Columbia
Price:
$ 625,000
MLS Number:
10329758
List Date:
December 6th, 2024
Neighbourhood:
Main North
Lot Size:
0.11 ac
Year Built:
1940
Taxes:
$ 6,668

Interior Features

Heating:
Forced air, See remarks

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Wood
Garage:
Rear, Street
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 6,668

Floors

Finished Area:
976 sq.ft.

Land

Lot Size:
0.11 ac

Neighbourhood Features

Amenities Nearby:
High Traffic Area

Ratings

Commercial Info

Location

Neighbourhood Details