251 Main Street
MLS® Number: 10379618
$ 499,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1902
YEAR BUILT
Prime downtown Penticton commercial opportunity in the 200 block of Main Street—offering high visibility, strong pedestrian exposure, and just 2 blocks to Okanagan Lake. Located in a vibrant area with consistent foot traffic from the Penticton Farmers’ Market, festivals, and year-round downtown events, this property is ideal for investors, developers, or owner-operators. This approx 3,000 sq ft commercial/retail building sits within flexible C5 zoning, allowing for a wide range of uses including residential units, tourist accommodations, brewery/distillery, restaurant, retail, health services, short-term rental, and more. The zoning supports mixed-use development, providing excellent holding income and future redevelopment potential in one of Penticton’s most active corridors. The building has a rich local history, previously operating as a hotel, hardware store, and electronics shop, and is ready for updates to suit its next use. Ideal for those looking to renovate, reposition, or redevelop in a high-demand location. Surrounded by shops, restaurants, beaches, and amenities, this is a rare opportunity to secure a Main Street asset in a growing market. Sold “as is, where is.”
| COMMUNITY | |
| PROPERTY TYPE | |
| BUILDING TYPE | |
| STYLE | |
| YEAR BUILT | 1902 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | |
| ROOF | |
| TITLE | |
| BROKER | Engel & Volkers South Okanagan |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|