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131 Ellis Street, Penticton, BC, V2A 4L4

MLS® # 10371201
new listing
Commercial For Sale In Penticton, British Columbia
$1,695,000

None Beds

131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
131 Ellis Street, Penticton, BC
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131 Ellis Street, Penticton, BC, V2A 4L4
$1,695,000

Property Information:

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.

Property Features:

  • Annual Tax Amount: $15,172
  • Community Features: Park, Recreation Area, Shopping
  • Heating: Separate Units
  • Water Source: Public

This listing content provided by Association of Interior REALTORS.

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Market Price Trends

All Properties

-7.4%

Price change (1 year)

36.46%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 131 Ellis Street, Penticton, BC, V2A 4L4

Demographic Information of 131 Ellis Street, Penticton, BC, V2A 4L4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$88,516.38

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.37 %

High school certificate or equivalent

31.99 %

Apprenticeship trade certificate/diploma

8.83 %

College/non-university certificate

24.0 %

University certificate (below bachelor)

0.82 %

University Degree

17.99 %

Commuter

Travel To Work

By Car

74.41 %

By Public Transit

0.69 %

By Walking

20.5 %

By Bicycle

1.47 %

By Other Methods

2.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.11 %

Houses

22.89 %

Own Vs. Rent

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