$424,900
( $212.45Per Sq Foot )
 $2,281 est/mo Sourced by Back At You

1348 Government Street,Penticton, BC V2A4V8

Penticton, BC V2A4V8

Share:

Description

Residential, commercial and investment opportunity all in one spot. 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 residential listing. Some photos have been virtually staged. (id:13843)

Details

MLS #10383032
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Year1960
Days On Site207
Listing Provided ByEngel & Volkers South Okanagan | Jonathan Wall

Features

SQ Feet2,000
Acreage0.14

Interior

CoolingCentral air conditioning
HeatingForced air, See remarks
Fireplace Yes / NoNo

Exterior

Accessibility FeaturesCustomized Wheelchair Accessible
RoofAsphalt shingle, Unknown
Lot FeaturesWheelchair access

Parking

Parking FeaturesAdditional Parking
Parking Total6

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount6744

Area Information

ProvinceBC
CityPenticton
Postal CodeV2A4V8
Listing VS Median (in V2A4V8)
Price:
$424,900
low | high
Med:
$424,900
50% of Average
sqft:
2,000
low | high
Med:
2,041
47.95% of Average
$ / sqft:
$212
low | high
Med:
$208
51.969260326609% of Average
On site:
207
low | high
Med:
207
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

Contact

Learn More About This Property

ProvinceBC
CityPenticton
Postal CodeV2A4V8
Listing VS Median (in V2A4V8)
Price:
$424,900
low | high
Med:
$424,900
50% of Average
sqft:
2,000
low | high
Med:
2,041
47.95% of Average
$ / sqft:
$212
low | high
Med:
$208
51.969260326609% of Average
On site:
207
low | high
Med:
207
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $318K - $531K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1348 Government Street Property Photo 1
$424,900
1348 Government Street
Penticton, BC V2A4V8
Listing Updated: October 20, 2026 at 9:41:39 AM PDT