Land For Sale 86 Veterans Way, Penticton, British Columbia
1

Vacant Land For Sale Active $1,400,000 86 VETERANS Way, Penticton, British Columbia

MLS#: 10330729

Royal LePage Kelowna
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Summary
Status
Active

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Address
86 VETERANS Way, Penticton, British Columbia
Size
0.1 ac|under 1 acre
Listing Type
For sale
Property Type
Vacant Land
Commercial Type
Other

Photos

1

Description

Prime Re-Development Opportunity in Downtown Penticton . Welcome to 86 Veterans Drive, a rare gem in the heart of Penticton offering immense potential for builders, developers, and visionary investors. With recent rezoning to High-Density Residential (up to 12 storeys), this lot is a blank canvas that could redefine downtown living. Take advantage of the approved DP plans, which provide a strong foundation for your project, while maintaining the flexibility to modify the plans with city council approvals to align with your vision and the new zoning potential. Situated just steps away from the lake, beach, and vibrant downtown amenities, this property combines location, zoning flexibility, and unparalleled potential. Approved DP Plans Available: Utilize the existing plans for a mixed-use development featuring 995 sq. ft. of commercial space on the ground floor and 10 residential units (6 two-bedroom and 4 penthouses). Future Vision: Reimagine the project under the new zoning guidelines. Whether it's high-rise condominiums, luxury apartments, or a blend of residential and commercial use, the possibilities are vast with city council-approved modifications. Unique Features: Existing plans include a 3113 sq. ft. rooftop deck, offering stunning potential for community spaces, private events, or outdoor amenities. Unbeatable Investment Opportunity: Downtown Penticton is experiencing growth and redevelopment, making this property an ideal long-term or short-term investment. (id:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City Penticton
Province British Columbia
PostalCode V2A1B1
Country Canada
Neighbourhood Main North
Street Address 86 VETERANS Way
Property TypeVacant Land
Transaction TypeFor sale
Ownership TypeFreehold
MLS #10330729
Size Total0.1 ac|under 1 acre
AcreageNo
Current UseDevelopment residential
SewerSee remarks
Size Irregular0.1
Zoning TypeMulti-Family
Property TypeVacant Land
Road TypePaved road
Type Other
Utility Water Municipal water
Fireplace Present False
Price 1400000.00
Listing Contract Date 2024-12-23
Lease 0.00
%

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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