Area: British Columbia
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Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate commercial listing. Some photos have been virtually staged. (id:44056)

Property Details

Full Address:
1348 Government Street, Penticton, British Columbia
Price:
$ 574,900
MLS Number:
10377853
List Date:
April 10th, 2026
Lot Size:
0.14 ac
Year Built:
1960
Taxes:
$ 6,744

Interior Features

Bedrooms:
3
Bathrooms:
2
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Fireplaces:
1
Basement:
Full

Building Features

Architectural Style:
Bungalow
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Other, Additional Parking
Garage Spaces:
1
Ownership Type:
Freehold
Taxes:
$ 6,744

Floors

Finished Area:
2082 sq.ft.

Land

Lot Size:
0.14 ac

Neighbourhood Features

Amenities Nearby:
High Traffic Area

Ratings

Commercial Info

Neighbourhood Details

Location

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Jonathan Wall Personal Real Estate Corporation Engel & Volkers South Okanagan
 604-202-3771
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Listing Agent(s)

Listing: Jonathan Wall
Engel & Volkers South Okanagan

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