About This Home

This 0-bedroom, 0-bathroom commercial at 251 Main Street in Penticton, BC is listed for $449,000. Built in 1902, on a N/A lot.

Key Features

  • Built in 1902

Property Details

1902
Listing Description

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." - Contingent.

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

251 Main Street

Penticton, BC

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 251 Main Street is listed at $449,000. The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1902.

This property is listed by Jonathan Wall.

JW

Jonathan Wall

Agent at Engel & Volkers South Okanagan

Listed by Engel & Volkers South Okanagan · Broker phone: 7786223446 · Broker website

MLS# 10379618· Source: Engel & Völkers· 142 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

251 Main Street, Penticton, BC

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