ATTENTION DEVELOPERS. 1027 Government is an exceptional opportunity to acquire a .18-acre developable lot in a prime, central location within walking distance to to schools, shops, hospital and many core amenities. Take advantage of Penticton’s accelerating real estate growth with this prime investment opportunity, now benefiting from new multi-unit zoning and positioned for future higher-density development (buyer to conduct due diligence with City). Flat, accessible, and ideally located, it presents opportunities for a multi-unit build, duplex, or infill development, while the existing character home offers significant holding income or renovation potential. Mature landscaping, and ample parking make this a versatile and strategic investment in a rapidly evolving neighbourhood. Whether you’re a developer, investor, or forward-thinking buyer, this is a property with serious upside. **Property boundary lines shown are approximate and for illustrative purposes only. They are not to be relied upon for purchase decisions. Buyers are advised to verify all property details through independent investigation and professional surveys. (id:4069)
Address
1027 Government Street
List Price
$699,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Transaction Type
sale
Area
British Columbia
Sub-Area
Penticton
Bedrooms
3
Bathrooms
1
Floor Area
1,704 Sq. Ft.
Lot Size
0.18 Sq. Ft.
Year Built
1938
MLS® Number
10356138
Listing Brokerage
Summerland Realty Ltd.
Basement Area
Full
Postal Code
V2A4T9
