251 Main Street

Price$ 499,000 | | CityPenticton

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.” (id:64460)

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Property Specifications
Full Address:
251 Main Street, Penticton, British Columbia
Price:
$ 499,000
MLS Number:
10379618
List Date:
March 17th, 2026
Neighbourhood:
Main North
Square Footage:
3000 sq.ft.
Lot Size:
0.07 ac
Year Built:
1902
Taxes:
$ 8,812
Interior Features
Heating:
Forced air, See remarks
Building Features
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Street
Ownership Type:
Freehold
Taxes:
$ 8,812
Floors
Finished Area:
3000 sq.ft.
Land
Lot Size:
0.07 ac
Current Use:
Mixed use
Neighbourhood Features
Amenities Nearby:
High Traffic Area
Ratings
Location
Neighbourhood Details
REALTOR® Details
Agent: Jonathan Wall Office: Engel & Volkers South Okanagan Data provided by: Association of Interior REALTORS®

About the Area

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