Iconic Downtown Commercial Opportunity. Rare chance to own a landmark piece of Penticton history. Once among BC's premier nightclubs, this iconic 3-storey building sits in the heart of downtown and is now available for full land & building ownership - a true legacy property with unlimited potential. The versatile layout spans 3 floors, each capable of operating as an independent revenue stream. Recent use as a profitable pawn shop demonstrates strong commercial viability, while the building's bones lend themselves to a wide range of future uses: restaurant, dinner theatre, live entertainment venue, fitness center, retail, professional offices or a boutique hospitality concept. The 3rd floor features a self-contained 2-bdm suite, ideal for an owner-operator or as additional rental income. Four separate building entrances provide excellent accessibility and operational flexibility for multi-tenant configurations. Whether you're an investor seeking multiple revenue streams, an entrepreneur ready to make your mark, or a developer with a vision for one of Penticton's most recognizable addresses - this property demands a closer look. Full land & building ownership, 3 floors with 3 potential revenue streams, a 2-bdrm suite, 4 separate entrances, and a prime downtown location combine this into one of the most compelling commercial opportunities to hit the Penticton market in years. A property like this rarely comes to market. Book your showing today. Buyer to verify sqft if important. (id:374)
| MLS # | 10389341 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Year | 1940 |
| Days On Site | 144 |
| Listing Provided By | Chamberlain Property Group | Brian Cutler |
| SQ Feet | 14,149 |
|---|---|
| Acreage | 0.14 |
| Heating | Forced air, See remarks |
|---|---|
| Fireplace Yes / No | No |
| Roof | Tar & gravel, Unknown |
|---|
| Tax Annual Amount | 16852 |
|---|
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A5B7 |
| Listing VS Median (in V2A5B7) | |
Price: $1,349,000 low | high Med: $632 sqft: 14,149 low | high Med: 760 $ / sqft: $95 low | high Med: $1 On site: 144 low | high Med: 523 | |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A5B7 |
| Listing VS Median (in V2A5B7) | |
Price: $1,349,000 low | high Med: $632 sqft: 14,149 low | high Med: 760 $ / sqft: $95 low | high Med: $1 On site: 144 low | high Med: 523 | |
![]() | $1,299,000639 Main StreetPenticton, BC V2A5C9 |