Very useful commercial property with a 2500+- square foot building, high ceilings office in the front shop in the back, currently the non supporting walls have been removed. Small rear yard behind the shop and a large 8000+- square foot side yard/parking area. In the futura the property works as a development opportunity just steps from Okanagan Lake and downtown Penticton, with the renowned wineries of the Naramata Bench only a short drive away. This approximately 12,000 sq. ft. property is zoned C6, allowing for building heights up to 21 metres and 100% lot coverage, subject to City approvals. Situated in the desirable neighbourhood northeast of Penticton Creek, just two minutes from the downtown core, the property boasts an impressive Walk Score of 93, with shopping, restaurants, beaches, and amenities all within walking distance. The site currently features a 2,500 sq. ft. commercial building and a large parking area on the south side. With flat, usable terrain and an existing structure that could be removed to accommodate redevelopment, this property offers excellent potential for a multi-storey residential project in a prime Penticton location. Contact your favourite agent for more information. (id:41613)

Full Address:
Ellis Street, Penticton, British Columbia
Price:
$ 1,950,000
MLS Number:
10403589
List Date:
October 15th, 2026
Neighbourhood:
Main North
Year Built:
1955
Taxes:
$ 6,429

Property Specifications

Interior Features

Garage Spaces:
30

Building Features

Floors

Current Use:
Mixed use

Land

Neighbourhood Features

Ratings

Commercial Info

Location

Mortgage Calculator

powered by Ratehub.ca

Neighbourhood Details

Agent: Jesse ChapmanBrokerage: Royal LePage Locations West Phone: 250-490-6178

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Let us find your dream home today!

Contact Us 250.492.2266