Penticton, British Columbia V2A5B7
$1,349,000
MLS® 10389341
14,149 square feet
Living Area
1940
Year Built
Other
Type
0 acres
Lot Size
Iconic Downtown Commercial Opportunity. Rare chance to own a landmark piece of Penticton history. Once among BC's premier nightclubs, this iconic 3-storey building sits in the heart of downtown and is now available for full land & building ownership - a true legacy property with unlimited potential. The versatile layout spans 3 floors, each capable of operating as an independent revenue stream. Recent use as a profitable pawn shop demonstrates strong commercial viability, while the building's bones lend themselves to a wide range of future uses: restaurant, dinner theatre, live entertainment venue, fitness center, retail, professional offices or a boutique hospitality concept. The 3rd floor features a self-contained 2-bdm suite, ideal for an owner-operator or as additional rental income. Four separate building entrances provide excellent accessibility and operational flexibility for multi-tenant configurations. Whether you're an investor seeking multiple revenue streams, an entrepreneur ready to make your mark, or a developer with a vision for one of Penticton's most recognizable addresses - this property demands a closer look. Full land & building ownership, 3 floors with 3 potential revenue streams, a 2-bdrm suite, 4 separate entrances, and a prime downtown location combine this into one of the most compelling commercial opportunities to hit the Penticton market in years. A property like this rarely comes to market. Book your showing today. Buyer to verify sqft if important. (id:65701)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the Chilliwack and District Real Estate Board (CADREB), and other Canadian REALTOR® associations. The information contained on this site is provided for the consumer's personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed to be accurate. Listings courtesy of their respective brokerages.