70 Backstreet Boulevard, Penticton | $1,950,000

Contingent. Excellent opportunity to invest in a 7,800 sq. ft. (100' x 78') block building on a 0.25-acre lot in the heart of downtown Penticton. Located on historic Backstreet Boulevard, this high-visibility property benefits from strong foot traffic and excellent accessibility. C5 zoning allows for a mixed-use development up to 36 meters tall (subject to City of Penticton approval), offering potential for residential, commercial, office, retail, or personal service uses. The existing structure provides ample space for various business operations, with the flexibility to repurpose or redevelop as needed. With the current business relocating, the space will be available for immediate occupancy upon completion. Don???t miss this exceptional opportunity to acquire a well-positioned commercial property with significant redevelopment potential. Contact listing agent to learn more or schedule a private viewing.

Description

Contingent. Excellent opportunity to invest in a 7,800 sq. ft. (100' x 78') block building on a 0.25-acre lot in the heart of downtown Penticton. Located on historic Backstreet Boulevard, this high-visibility property benefits from strong foot traffic and excellent accessibility. C5 zoning allows for a mixed-use development up to 36 meters tall (subject to City of Penticton approval), offering potential for residential, commercial, office, retail, or personal service uses. The existing structure provides ample space for various business operations, with the flexibility to repurpose or redevelop as needed. With the current business relocating, the space will be available for immediate occupancy upon completion. Don???t miss this exceptional opportunity to acquire a well-positioned commercial property with significant redevelopment potential. Contact listing agent to learn more or schedule a private viewing.

General Info


MLS Listing ID: 10333029 Bedrooms: 0 Bathrooms: 0 Year Built: 1969
Parking: N/A Heating: N/A Lotsize: 0.25 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .