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:4069)
Address
131 Ellis Street
List Price
$1,695,000
Property Type
Other
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
British Columbia
Sub-Area
Penticton
Floor Area
5,000 Sq. Ft.
MLS® Number
10371201
Listing Brokerage
Royal LePage Locations West
Postal Code
V2A4L4
Site Influences
Public Transit, Park, Recreation, Shopping
