Prime Development Opportunity in the Heart of the City! Exceptional commercial/residential development site with C6 zoning, ideally located just steps from Okanagan Lake, the Farmers’ Market, marina, and vibrant downtown shopping and dining. This rare offering supports a six-story mixed-use building featuring ground-floor commercial space with residential units above—perfectly suited for today’s urban lifestyle demand. The upper floors of the proposed building will showcase sweeping lake and mountain views, creating highly desirable residences in one of Penticton’s most sought-after locations. Currently utilized as a parking lot, the property offers a true clean slate—with no demolition or disposal costs—ready for immediate development. Whether you’re an investor or developer, this site presents a unique opportunity to bring a signature project to life in Penticton’s vibrant core. (id:4069)
Address
98 ELLIS Street
List Price
$1,250,000
Property Type
Vacant Land
Type of Dwelling
Other
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Lot Size
0.22 Sq. Ft.
MLS® Number
10360063
Listing Brokerage
Chamberlain Property Group
Postal Code
V2A4L5
Site Influences
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