Commercial $ 499,000

251 Main Street

Penticton, BC V2A5B1

  • 3,000 SqFt
  • 3,049 Lot Size
  • 1902 Year Built
Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers' Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton's most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.” (id:24570)
Listed by Engel & Volkers South Okanagan

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Freehold

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 3000

    Square Footage 3, 000 sqft

    Price per Sqft $166

    Subdivision Main North

    MLS Listing ID 10379618

    Year Built 1902

    Lot Size 3,049 Sqft

    Acres 0.07

    Property Sub-Type Freehold

  • Location

    Province BC

  • Rooms

    Kitchen 0.0

  • Building

    Lot Description Level

    Sewer Municipal sewage system

  • Interior

    Heating Forced air, See remarks

  • Exterior

    Parking Features No

    Community Features High Traffic Area

    View Y/N No

    Attached Garage No

    Garage No

    Private Pool No

  • Others

    Ownership Freehold

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