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251 Main Street Penticton, British Columbia V2A 5B1

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$499,000

MLS® Number: 10379618

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.” - Contingent. (id:59126)

Property Details

MLS® Number 10379618
Property Type Other
Neigbourhood Main North
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area
Features Level Lot

Building

Constructed Date 1902
Heating Type Forced Air, See Remarks
Size Interior 3,000 Ft2
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Current Use Mixed Use
Land Amenities Public Transit, Shopping
Landscape Features Level
Sewer Municipal Sewage System
Size Frontage 30 Ft
Size Irregular 0.07
Size Total 0.07 Ac|under 1 Acre
Size Total Text 0.07 Ac|under 1 Acre

Parking

Street

https://www.realtor.ca/real-estate/29480570/251-main-street-penticton-main-north

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