$1,695,000
About this Residential Commercial Mix
131 Ellis Street is ideally situated just steps from Okanagan Lake, offering an unbeatable downtown location close to popular breweries, restaurants, and premier shopping. This rare 7,840 sq ft Creekside property features C6 zoning, allowing for 100% lot coverage and building heights of up to 21 meters, presenting exceptional flexibility for redevelopment. Whether envisioned as luxury condominiums with retail at street level or as a destination restaurant, brewery, or wine bar, the site supports a wide range of high value uses. From the third floor upward, future development will enjoy stunning lake views, while the surrounding area offers a short stroll to the park, marina, and Penticton's vibrant waterfront. An outstanding opportunity to create a landmark project in one of the city's most desirable and walkable locations. (id:14735)
Listed by Royal LePage Locations West.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Norm Davies for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Features
- MLS®: 10371201
- Type: Residential Commercial Mix
- Size: 5,000 sqft
- $/SQFT: $339
