Land for Sale Summerland - Waterfront Lots For Sale in Summerland

32 Backstreet Penticton North (Penticton, British Columbia, CA - V2A 1H2) Land Only

$1,600,000 CAD
HIGH DENSITY, 0.32 ACRE DEVELOPMENT SITE

Nu Stream Realty

Amy XU Amy XU 2508994888 (Cell) Request More Info

  • PRIME DOWNTOWN SITE C5 Zoning
  • Type: Commercial
  • Style: Lot / Land
  • Development Level: Land Only
  • Lot Size: 13939 sq. ft. 133ft x 100ft
  • Taxes: $8,726.00 CAD (2019)
  • MLS ® #: 181290

Description

HIGH DENSITY, 0.32 ACRE, PRIME DOWNTOWN DEVELOPMENT SITE!! C5 Zoning offers expansive list of uses & permits the greatest density (6.0 FAR) & height (36.6 m) allowed in Penticton. Site is located just 2 blocks from Okanagan Lake & is walking distance to wineries, boutique shops & eateries. Excellent commercial visibility from major downtown intersection (Westminster Ave./ Main St./Front St.) & access from 3 frontages. Development Permit is in place for 6-story, 36-unit, mixed-use building that has lake views. Also, an 8-story mixed-use building was granted a Development Permit for 32 condo units & 2. floors of commercial space. Copies available of the Architectural Plans, Phase 1 Environmental, Geo-technical Report & Exterior Renderings. All City utilities and hydro, including Telus fiber optics, have recently been placed underground around the site. This is one of the last bare-land development opportunities in Downtown Penticton, so act now for the future! Dup Listing 181291 Comm.

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