131 Ellis Street is ideally situated just steps from Okanagan Lake, offering an unbeatable downtown location close to popular breweries, restaurants, and premier shopping. This rare 7,840 sq ft Creekside property features C6 zoning, allowing for 100% lot coverage and building heights of up to 21 meters, presenting exceptional flexibility for redevelopment. Whether envisioned as luxury condominiums with retail at street level or as a destination restaurant, brewery, or wine bar, the site supports a wide range of high value uses. From the third floor upward, future development will enjoy stunning lake views, while the surrounding area offers a short stroll to the park, marina, and Penticton's vibrant waterfront. An outstanding opportunity to create a landmark project in one of the city's most desirable and walkable locations. (id:44056)

Property Details

Full Address:
131 Ellis Street, Penticton, British Columbia
Price:
$ 1,695,000
MLS Number:
10371201
List Date:
December 15th, 2025
Taxes:
$ 15,172

Interior Features

Building Features

Water:
Municipal water
Ownership Type:
Freehold
Taxes:
$ 15,172

Floors

Finished Area:
5000 sq.ft.

Land

Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Nicholas T. Parker
Royal LePage Locations West

Similar Listings

Copyright © Real Estate Guide 2021 | Legal Sitemap
Area Modal Trigger
X