Located in the Heart of the craft beer venues, this location is ready for its next adventure This rare creekside 7,840 sq ft development is in Penticton's booming craft beer district and just steps from Okanagan Lake. Attractive C6 zoning allows builds up to 21 meters high and 100% lot coverage, you're looking at maximum profit potential on every square inch, whether you're envisioning luxury condos for the wine country crowd, expanding the craft beer phenomenon, or creating mixed-use magic in this Walk Score 93 location.The third floor and up will have stunning lake views. The existing long-term tenant helps cover costs while you design your dream building in downtown Penticton where thousands of tourists flock annually and future residents will pay premium rents for this coveted location. Contact the listing agent for more information. Sale includes land and building only with a tenant in place - do not disturb existing operations. (id:4069)
Address
131 Ellis Street
List Price
$2,250,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Area
British Columbia
Sub-Area
Penticton
MLS® Number
10350355
Listing Brokerage
Chamberlain Property Group
Postal Code
V2A4L4
