Description

Unique opportunity to acquire a C5 (Urban Centre Commercial) zoned vacant lot in a central Penticton location. Approximately 32' x 120' and 0.091 acres, the property benefits from lane access and offers potential for a variety of future uses permitted within the C5 zone. The adjoining 7-unit apartment property at 156 Nanaimo Avenue East is also available separately, creating an opportunity for an investor or developer to acquire both properties and control a larger site while benefiting from existing rental income next door. Conveniently located near downtown, shopping, restaurants, transit and amenities. An interesting opportunity as a standalone property or as part of a larger acquisition. Buyers to independently verify zoning, permitted uses and development potential with the City of Penticton.