251 Main Street, Penticton, British Columbia V2A 5B1

Listed for:
$499,000
0 beds
0 baths
Listed 84 days ago
Residential Commercial Mix for rent: 251 Main Street, Penticton, British Columbia V2A 5B1

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About

Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers’ Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton’s most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.” (id:27476)

Property Highlights

MLS® Number
10379618
Type
Other
Ownership Type
Freehold
Land Size
0.07 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Square Footage
3000 sqft
Amenities
Public Transit, Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Engel & Volkers South Okanagan
MLS® number:
10379618
Agent:
Jonathan Wall
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Street Spotlight - For sale