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About This Home

This 0-bedroom, 0-bathroom commercial at 251 Main Street in Penticton, BC is listed for $499,000. Built in 1902, on a N/A lot.

Agent 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.”

Key Features

  • Built in 1902
  • 2 stories

Property Details

2 stories
1902

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

251 Main Street

Penticton, BC V2A 5B1

Property Details

Parking

On Street

Heating

Forced AirNatural GasZoned (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 251 Main Street is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 1902, 2 stories.

This property is listed by Jonathan Wall and can be reached at 6042023771 or jonathan.wall@engelvoelkers.com.

JW

Jonathan Wall

Agent at Engel & Völkers South Okanagan

(604) 202-3771

Listed by Engel & Völkers South Okanagan · View on Broker Site

MLS# 10379618· Source: listhub· Updated today

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 V2A 5B1

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