1580 Fairview Road
Penticton, British Columbia V2A6A3

$600,000

**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:3942)

ID# 10323781

Floorplans

Feature Sheet Virtual Tour

Courtesy of Real Broker B.C. Ltd
Listed on: September 09, 2024

On market: 52 days

3 Bedroom 1 Bathroom

Central air conditioning Forced air

Bathroom Total	1
Bedrooms Total	3
Half Bathrooms Total	0
Year Built	1949
Cooling Type	Central air conditioning
Heating Type	Forced air
Stories Total	1

Recreation room	Basement	22'4'' x 16'
Bedroom	Basement	11'10'' x 10'10''
Laundry room	Main level	9'4'' x 8'9''
Living room	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''
4pc Bathroom	Main level	7'10'' x 6'10''

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1580 Fairview Road Penticton, British Columbia V2A6A3

3 Bedroom 1 Bathroom

Central air conditioning Forced air

1580 Fairview Road
Penticton, British Columbia V2A6A3