
Courtesy of: Stewart Dunbar, Personal Real Estate Corp, Coldwell Banker Horizon Realty
$3,400,000
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Retail
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$3,400,000
40 Calgary Avenue Exceptional opportunity to acquire a 1.798-acre property in a prime Penticton location, offering outstanding future redevelopment potential. The property is currently zoned C4, with a future land use designation supporting Mixed Use, making it ideal for a wide range of commercial and residential development opportunities. The site features three buildings (approx. 14, 675 square feet in total), two of which are fully occupied, with the third approx. 50% occupied, providing in-place income while planning for future development. Well positioned in a high-traffic area with strong visibility, the property is in close proximity to a wide range of amenities, services, and major transportation routes, further enhancing its long-term value and development appeal. (id:203)