1266 Government Street, Penticton, British Columbia

$799,000

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3

Beds

1

Bath

2,066

Square feet

0.19

Acres

About 1266 Government Street

Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:36535)

Features of 1266 Government Street

Listing # 10361847
Price $799,000
Bedrooms 3
Bathrooms 1.00
Square Footage 2,066
Acres 0.19
Year Built 1930
Type Single Family
Sub-Type Freehold
Style Ranch

Community Information

Address 1266 Government Street
Subdivision Main North
City Penticton
Province British Columbia
Postal Code v2a4v4

Amenities

Amenities Schools, Shopping
Parking Spaces 2
Parking Additional Parking, Other
Is Waterfront No
Has Pool No

Interior

Heating Forced air, See remarks
Fireplace Yes
# of Fireplaces 1
Fireplace Fuel Gas
Fireplace Type Unknown
# of Stories 1
Has Basement Yes
Basement Type Cellar

Exterior

Exterior Other
Roof Material Asphalt shingle
Roof Style Unknown

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of RE/MAX Penticton Realty

Listing Map