Coldwell Banker Okanagan Realty - 250-492-2911

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I.C. & I. in Penticton

$1,100,000.00
385 MARTIN STREET - MLS® #: 171217
  • (98)
  • 63
  • 71
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Coldwell Banker Okanagan Realty
Contact Agent
250-492-2911

Property Type

I.C. & I.

Description

Excellent Investment property with the potential of a redevelopment or subdivision site. Great Location next to the new Time winery building in the heart of downtown on popular Martin Street. The property includes approximately 5,500 sq ft of leasable area in three separate areas. First is a 4,100 sq ft concrete block building that includes a 2,400 sq ft commercial space on the main and a 1,700 sq ft, 3 bedroom apartment on the 2nd floor. The other building is a 1,500 sq ft character home that has been utilized as a studio in recent years. Buildings have been well maintained and updated over the years. This package is on a 90\' x 120\' lot that has the potential in being subdivided into 3 separate 30 x 120 parcels. C5 zoning allows for many different uses and could be a great spot for a business complimentary to the winery next door. Lots of potential for an end user or investor. Call today for more information

Property Details

Subarea
PE Main North

Taxes
8391

Tax Year
2017

Lot
0.25

Sewer
Connected

Disclaimer:

Display of MLS data is deemed reliable but is not guaranteed accurate by the SOREB.

The trademarks REALTOR, REALTORS and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Listing data last updated date: 2018-03-16 17:10:01

Copyright 2010 by the South Okanagan Real Estate Board Ltd. and the REALTORS Association of South Okanagan. All Rights Reserved.

Listing Agent: PETER BYRNES

Brokerage: COLDWELL BANKER OKANAGAN RLTY