32 Backstreet, Penticton, British Columbia V2A 1H2

For Sale

$1,600,000 CAD
  • 0.32 ac Lot Size
  • Commercial
Open House
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Property Summary for 32 Backstreet

Lot / Land
Lot Size
0.32 Ac
MLS® Number
Lot info
133.00ft x 100.00ft
8,726 CAD (2019)
Postal Code
V2A 1H2

Description for 32 Backstreet

HIGH DENSITY, 0.32 ACRE, PRIME DOWNTOWN DEVELOPMENT SITE!! C5 Zoning offers expansive list of uses & permits the greatest density (6.0 FAR) & height (36.6 m) allowed in Penticton. Site is located just 2 blocks from Okanagan Lake & is walking distance to wineries, boutique shops & eateries. Excellent commercial visibility from major downtown intersection (Westminster Ave./ Main St./Front St.) & access from 3 frontages. Development Permit is in place for 6-story, 36-unit, mixed-use building that has lake views. Also, an 8-story mixed-use building was granted a Development Permit for 32 condo units & 2. floors of commercial space. Copies available of the Architectural Plans, Phase 1 Environmental, Geo-technical Report & Exterior Renderings. All City utilities and hydro, including Telus fiber optics, have recently been placed underground around the site. This is one of the last bare-land development opportunities in Downtown Penticton, so act now for the future! Dup Listing 181291 Comm.
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Listing provided by Point2 Agent

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