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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.
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
Monthly Cost Estimate
$2,669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
251 Main Street
Penticton, BC V2A 5B1
Property Details
Parking
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.



