About this home

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.

Living at 313 Van Horne Street

Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.

Property details

Price

$488,000

MLS® number

10402001

Property type

Lot / land · Other · Vacant Land

Ownership

Freehold

Lot size

0.09 acres · 0.09

Annual taxes

$6,768

Community

Main North, Penticton

Features

Water

Municipal water

Utilities

Electricity