626 MARTIN Street Main North, Penticton, British Columbia, CA

Address: 626 MARTIN Street, Penticton, British Columbia

0 Beds0 Baths976 sqftStatus: Buy
Price $625,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Office
Building Type
Offices
Square Footage
976 sqft
Title
Freehold
Neighbourhood Name
Main North
Land Size
0.11 ac|under 1 acre
Built in
1940
Parking Type
Street,Rear
Building
Building Features
Features
Level lot
Square Footage
976 sqft
Heating & Cooling
Heating Type
Forced air, See remarks
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Wood
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Schools, Shopping
Parking
Parking Type
Street,Rear
Total Parking Spaces
4
Features
           Level lot            Street            Rear
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Your Home Finance Calculation

Property Price CA $625,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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