707 WESTMINSTER Avenue,

Penticton, British Columbia V2A1K9

$2,300,000

Contingent. Excellent investment and development opportunity! This long-time Penticton motel is bordering the city North Gateway plan for future growth and expansion. Currently zoned CT1 with rezoning possibilities for multifamily development under the OCP. Duplexes, cluster housing , fourplexes, townhouses, and bare land strata developments up to 3 ½ storeys all fall under future designations. This .47-acre site is just steps to the Okanagan Convention Center, SOEC, and only 1 ½ blocks to Okanagan Lake. (id:3942)
ID# 191661
Courtesy of Royal Lepage Parkside Rlty Sml

Listed on: October 01, 2021

On market: 24 days
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Year Built 1975
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