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100 FRONT Street, Penticton, British Columbia, V2A 1H3

MLS® # 10325481
Commercial For Sale In Penticton, British Columbia
$4,500,000
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
100 Front Street, Penticton, BC
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ACTIVE
100 FRONT Street, Penticton, British Columbia, V2A 1H3
$4,500,000

Property Information:

Amazing investment, end user or re-development opportunity! 18,000+ sqft office building situated in one of the best locations in Penticton -- colourful Front Street, just blocks to the beach and the heart of downtown. Built in 1994 and sitting on 0.505 acres of land this building has approximately 25 parking stalls on site. The building has 18,750sqft of rentable space, is very well maintained and finished with high-end lease hold improvements throughout. The main floor has 2 units and a large unit on the top floor. Unit 101 is 5,081 sqft and is currently rented with a lease until 2028. Unit 102 is vacant and has 5,545 sqft of space. Unit 201 is vacant and has 8,137 sqft. The property is zoned C5 with a max height of 120 ft and 100% lot coverage with a 6 FAR. There is no longer a parking requirement for residential units in this zoning. This is an amazing condo site for development. Don’t miss out call today for more information. (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Other
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Industrial
  • Access Type: Easy access
  • Amenities Nearby: Recreation, Shopping
  • Community Features: High Traffic Area
  • Current Use: Industrial
  • Features: Level lot
  • Landscape Features:
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX Penticton Realty

REALTOR.ca  

Location of 100 FRONT Street, Penticton, British Columbia, V2A 1H3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 100 FRONT Street , experiences 7 hot days per year at around 33.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.2℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

18/100

Low

ClimateCheck®

Current data

This property, 100 FRONT Street , experiences 11 significant 2-day storms per year, with about 132.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 144.8mm of precipitation per year.

Precipitation Per Storm

Past
132.7mm
2050
144.8mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 100 FRONT Street, Penticton, British Columbia, V2A 1H3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$88,516.38

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.37 %

High school certificate or equivalent

31.99 %

Apprenticeship trade certificate/diploma

8.83 %

College/non-university certificate

24.0 %

University certificate (below bachelor)

0.82 %

University Degree

17.99 %

Commuter

Travel To Work

By Car

74.41 %

By Public Transit

0.69 %

By Walking

20.5 %

By Bicycle

1.47 %

By Other Methods

2.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.11 %

Houses

22.89 %

Own Vs. Rent