Offered for the first time in decades, 596 Martin Street presents a rare opportunity to acquire a prime property in the heart of downtown Penticton. This corner lot at Martin Street and White Avenue allows 100% site coverage and features C5 zoning, making it ideal for a mixed-use development. The highest and best use of the property includes a commercial space on the ground floor with apartments above. The building is a well-maintained, solid cinder block structure with outstanding street exposure. Parking is conveniently available at both the front and rear of the property. Currently, the property is fully leased to fantastic tenants occupying three separate office spaces, providing reliable revenue streams. Leases are in place, ensuring stable income. Please allow 24+ hours' notice for showings. (id:4069)
Address
596 Martin Street
List Price
$624,900
Property Type
Retail
Type of Dwelling
Retail
Area
British Columbia
Sub-Area
Penticton
Floor Area
2,063 Sq. Ft.
Lot Size
0.09 Sq. Ft.
Year Built
1965
MLS® Number
10330078
Listing Brokerage
Chamberlain Property Group
Postal Code
V2A5L4
Site Influences
Public Transit, Shopping
Features
Level lot, Corner Site
