$775,000
This exceptional commercial investment property features a .29 ACRE lot with significant potential. Currently, the property includes a well-maintained 2,931.89-square-foot home, of which 1,338.5 sq ft has a lower ceiling height, leased by a local resort for staff accommodation. The home offers five bedrooms, ample common living areas, two recreational rooms, and a laundry room. Despite the size of the existing house, the lot remains largely undeveloped, providing substantial yard space that could be utilized for additional income-generating ventures. The property's commercial zoning allows for a wide range of uses, including the possibility to rezone to include a multifamily development for rental units and staff housing, both of which are in high demand in the city of Osoyoos. With its prime location, substantial lot size, and flexible commercial zoning, this property presents unlimited possibilities for future development and income generation. (id:36827)
Property Details
MLS® Number
10322139
Neigbourhood
Osoyoos
AmenitiesNearBy
Public Transit, Park, Recreation, Schools, Shopping
Features
Level Lot
ParkingSpaceTotal
1
Building
ConstructedDate
1959
ExteriorFinish
Stucco
HeatingType
Forced Air, See Remarks
RoofMaterial
Tar & Gravel,tile
RoofStyle
Unknown,unknown
SizeInterior
2932 Sqft
Type
Residential Commercial Mix
UtilityWater
Municipal Water
Land
AccessType
Easy Access
Acreage
No
CurrentUse
Mixed Use
LandAmenities
Public Transit, Park, Recreation, Schools, Shopping
LandscapeFeatures
Level
Sewer
Municipal Sewage System
SizeIrregular
0.29
SizeTotal
0.29 Ac|under 1 Acre
SizeTotalText
0.29 Ac|under 1 Acre
ZoningType
Commercial
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August 19 2024 10:31:06
Okanagan-Mainline Real Estate Board
RE/MAX Penticton Realty
