14,149 sqft

$1,399,000

Iconic Downtown Commercial Opportunity. Rare chance to own a landmark piece of Penticton history. Once among BC's premier nightclubs, this iconic 3-storey building sits in the heart of downtown and is now available for full land & building ownership - a true legacy property with unlimited potential. The versatile layout spans 3 floors, each capable of operating as an independent revenue stream. Recent use as a profitable pawn shop demonstrates strong commercial viability, while the building's bones lend themselves to a wide range of future uses: restaurant or dinner theatre, live entertainment venue, fitness center, retail, professional offices, or a boutique hospitality concept. The 3rd floor features a self-contained 2-bedroom suite, ideal for an owner-operator or as additional rental income. Four separate building entrances provide excellent accessibility and operational flexibility for multi-tenant configurations. Whether you're an investor seeking multiple revenue streams, an entrepreneur ready to make your mark, or a developer with a vision for one of Penticton's most recognizable addresses - this property demands a closer look. Full land and building ownership, 3 floors with 3 potential revenue streams, a 2-bedroom suite, 4 separate entrances, and a prime downtown location combine to make this one of the most compelling commercial opportunities to hit the Penticton market in years. A property like this rarely comes to market. Book your private showing today. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10389341
  Property Type	Other
  Neigbourhood	Main North

• Building

  Constructed Date	1940
  Exterior Finish	Concrete Block
  Heating Type	Forced Air, See Remarks
  Roof Material	Tar & Gravel
  Roof Style	Unknown
  Size Interior	14,149 Sqft
  Type	Residential Commercial Mix

• Land

  Acreage	No
  Current Use	Mixed Use
  Size Irregular	0.14
  Size Total	0.14 Ac|under 1 Acre
  Size Total Text	0.14 Ac|under 1 Acre