$600,000

House For Sale In Penticton, British Columbia

$600,000
  • 3

    Bedrooms

  • 1

    Bath

  • 1

    Parking Spaces

Property Information:

**Development Opportunity on Fairview Road | .28 Acres Zoned RL-4** Prime development potential on Fairview Road. This expansive .28-acre lot zoned RL-4, is ideal for real estate developers, renovators or investors looking to take advantage of its future potential. The Official Community Plan (OCP) designates this property for commercial use, offering endless potential for redevelopment. Fronting on Fairview Road, this parcel boasts excellent visibility and close proximity to Highway 97—perfect for a range of commercial projects. The existing home includes a 3-bedroom, 1-bathroom home, which can be renovated, rented, or used as an income-generating property during the planning and development stages. The property also includes plenty of parking including a detached garage at the rear. Whether you’re looking to maximize the current zoning or explore its long-term commercial use potential, this lot offers both flexibility and prime positioning. Don’t miss out on a chance to capitalize on this unique opportunity in a high-traffic, growing area. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Rancher
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 1
  • Built in: 1949
  • Zoning Type: Residential
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Covered, Detached garage, Rear
  • No. of Parking Spaces: 1

Rooms:

  • Recreation Room Basement Level 22'4'' x 16'
  • Bedroom Basement Level 11'10'' x 10'10''
  • Laundry Main Level 9'4'' x 8'9''
  • Living Main Level 15'9'' x 12'1''
  • Kitchen Main Level 12'10'' x 12'1''
  • Bedroom Main Level 10'7'' x 8'10''
  • Primary Bedroom Main Level 10'7'' x 9'5''
  • Bathroom Main Level 7'10'' x 6'10''

Courtesy of: Real Broker B.C. Ltd

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.