535 Wade Ave - Commercial LAND FOR SALE


Penticton, BC V2A 1T3 29,621 SF
$3,350,000 CAD
535 Wade Ave, Penticton, BC for Sale
$3,350,000 CAD
Commercial LAND - FOR SALE
1/4
29,621 SF

535 Wade Ave
Penticton, BC V2A 1T3


HIGHLIGHTS

  • Largest Undeveloped MultiFamily Parcel in North Penticton
  • Blocks to the Beach
  • No Rezoning needed - Build Ready

OVERVIEW

Developers Multifamily Dream Lot! Located at the corner of Wade Ave W and Rigsby Street in the heart of Penticton’s north end, these 3 separately titled lots are a short walk from Okanagan Lake Beach. Zoning of RM3 allows for High Density Residential Development with a FAR of 1.6 that allows up to 47,300 SQFT +/- of developable floor area with a building height of up to 6 stories. This is the largest vacant parcel available and ready for development, with close proximity to Okanagan Lake. The sale includes the three individually titled lots of 393 Rigsby St, 535 Wade Ave W and 549 Wade Ave W. Lots are being sold as a package only. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer.

FOR SALE DETAILS

PRICE

$3,350,000 CAD

PRICE/ACRE

$4,926,437/AC

PRICE/SF

$113 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Penticton Multifamily Development Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units

LAND ACRES

0.68 AC

LAND SF

29,621 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ken AitkensThe Aitkens Group - Real BrokerMore Info

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Ken AitkensThe Aitkens Group - Real BrokerMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.