About this home
Very useful commercial property with a 2500+- square foot building, high ceilings office in the front shop in the back, currently the non supporting walls have been removed. Small rear yard behind the shop and a large 8000+- square foot side yard/parking area. In the futura the property works as a development opportunity just steps from Okanagan Lake and downtown Penticton, with the renowned wineries of the Naramata Bench only a short drive away. This approximately 12,000 sq. ft. property is zoned C6, allowing for building heights up to 21 metres and 100% lot coverage, subject to City approvals. Situated in the desirable neighbourhood northeast of Penticton Creek, just two minutes from the downtown core, the property boasts an impressive Walk Score of 93, with shopping, restaurants, beaches, and amenities all within walking distance. The site currently features a 2,500 sq. ft. commercial building and a large parking area on the south side. With flat, usable terrain and an existing structure that could be removed to accommodate redevelopment, this property offers excellent potential for a multi-storey residential project in a prime Penticton location. Contact your favourite agent for more information.
Highlights & things to check
Highlights
- Zoned C6, allowing building heights up to 21 metres and 100% lot coverage, subject to City approvals, per the listing.
- Approximately 12,000 sq. ft. site with a 2,500 sq. ft. commercial building and a large parking area on the south side.
- Okanagan Lake is 400 m away, the Penticton Recreation & Wellness Centre 890 m, and the town centre 1.1 km.
- Walk Score of 93, per the listing.
Things to check
- Ask the City of Penticton what approvals a multi-storey residential project would need under C6 zoning.
- Ask for the status of the non-supporting walls that the listing says have been removed.
- Ask for the actual annual tax amount and confirm it is $6,429 for all three addresses.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 154/160/166 Ellis Street
Neighbourhood scores
8.8 / 10Walk & bike score: 7 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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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.
Distances from the front door
Straight-line distances. Driving distances are longer.
Property details
- Price
- $1,950,000
- MLS® number
- 10403589
- Property type
- Single-family home · Residential Commercial Mix · Other
- Year built
- 1955
- Parking spaces
- 30
- Annual taxes
- $6,429
- Community
- Main North, Penticton
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Listing information is provided by Royal LePage Locations West through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-10-15.