626 MARTIN Street For Sale

penticton, British Columbia V2A5L6
$ 625,000
$ 640 / Sq. Ft.
  • ©MLS 10329758
  • Area 976 sq ft
  • Parkings 4

Description

Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units. (id:48970) Show More

Details

  • Constructed Date: 1940
  • Property Type: Office
  • Type: Offices
  • Access Type: Easy access
  • Neighbourhood: Main North

Ammenities + Nearby

  • Schools
  • Shopping
  • Schools
  • Shopping

Features

  • Level lot
  • High Traffic Area
  • Forced air
  • See remarks

Location

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