$499,000

About this home

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.” (id:65958)

Subtype

Other

Structure

Residential Commercial Mix

Community

Main North

Common interest

Freehold

Living area

3,000 square feet

Lot size

0.07 acres

Lot dimensions

0.07

On market

Mar 17, 2026

Status changed

Apr 24, 2026

Annual tax

$8,812.17

Photos

7

MLS#

10379618

Area

PENTICTON

Features and systems

Mortgage estimate