32 BACKSTREET BLVD Penticton, British Columbia MLS# 181291

$ 1,600,000

Description

HIGH DENSITY, 0.32 ACRE, PRIME DOWNTOWN DEVELOPMENT SITE!! C5 Zoning offers expansive list of uses & permits the greatest density (6.0 FAR) & height (36.6 m) allowed in Penticton. Site is located just 2 blocks from Okanagan Lake & is walking distance to wineries, boutique shops & eateries. Excellent commercial visibility from major downtown intersection (Westminster Ave./ Main St./Front St.) & access from 3 frontages. Development Permit is in place for 6-story, 36-unit, mixed-use building that has lake views. Also, an 8-story mixed-use building was granted a Development Permit for 32 condo units & 2. floors of commercial space. Copies available of the Architectural Plans, Phase 1 Environmental, Geotechnical Report & Exterior Renderings. All City utilities and hydro, including Telus fiber optics, have recently been placed underground around the site. This is one of the last bare-land development opportunities in Downtown Penticton, so act now for the future! Dup List 181290 Sing Fam (id:22688)

Overview

WaterMunicipal water
Listing Office:ROYAL LEPAGE LOCATIONS WEST

Location

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