251 Main Street

About this Multi-Family Commercial in Main North, Penticton

Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers’ Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton’s most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.” (id:14735)

Listed by Engel & Volkers South Okanagan.