686 Martin Street Penticton, BC V2A 5L6
Inscription par:  CREA / Real Broker B.C. Ltd

  686 Martin Street Penticton, BC V2A 5L6

En vigueur (32 Jours)
2,445,000 $
9,148
PI. CA.

Description

Turnkey Development Opportunity in a Thriving Location Located at one of Penticton's Highest Traffic Intersections, this 9,252 SQFT lot is zoned C5 – Urban Centre Commercial, offering a huge opportunity for development. With a FAR of 6.0, the current zoning allows for up to 55,512 buildable SQFT. A development permit is already approved for a six-story mixed-use building with 30 residential units and two ground-level retail spaces. The current DP plan includes 20 one-bedroom + den and 10 two-bedroom residential units as well as 2 commercial retail units at street level. Located on the city's main lake-to-lake bike lane, this property is surrounded by popular restaurants, breweries, and shops. Plus, it's just minutes to Okanagan Lake, making it incredibly desirable. With a development permit in place and a great location, this is a fantastic investment for developers and investors looking for a ready-to-go project in a high-demand area. Reach out to The Aitkens Group - Real Broker, for more information. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (id:41440)

MLS®:
10338627
Surface Terrain
9,148 PI. CA.
Catégorie
Land
Ville
Okanagan-Similkameen

Listed By

Ken Aitkens, Real Broker B.C. Ltd
Source
CREA
Dernière vérification Apr 21 2025 à 4:25 PM EDT
Détails sur les salles de bains
Informations sur les services publics
  • Sewer: Municipal Sewage System
Alimenté par Walk Score®
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 4/21/25 09:25