626 MARTIN Street Active

Penticton,BC V2A5L6

$ 625000

- Bed

0 Bath

976 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 976 sqft

Price per Sqft $640

Subdivision Main North

MLS Listing ID 10329758

Originating Board Association of Interior REALTORS®

Year Built 1940

Lot Size 4,791 Sqft

Acres 4791.6

Property 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. (id:24570)

Location

Province BC

Zoning Unknown

Interior

Heating Forced air,See remarks

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Roof Type Unknown

Total Parking Spaces 4

Private Pool No

Building

Lot Description Level

Sewer Municipal sewage system

Others

Ownership Freehold

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