1580 Fairview Road Active

Penticton,BC V2A6A3

$ 600000

3 Beds

1 Bath

1581 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,581 sqft

Price per Sqft $379

Subdivision Main North

MLS Listing ID 10323781

Style Ranch

Bedrooms 3

Originating Board Association of Interior REALTORS®

Year Built 1949

Lot Size 0.280 Acres

Acres 12196.8

Property Description

**Development Opportunity on Fairview Road | .28 Acres Zoned RL-4** Prime development potential on Fairview Road. This expansive .28-acre lot zoned RL-4, is ideal for real estate developers, renovators or investors looking to take advantage of its future potential. The Official Community Plan (OCP) designates this property for commercial use, offering endless potential for redevelopment. Fronting on Fairview Road, this parcel boasts excellent visibility and close proximity to Highway 97—perfect for a range of commercial projects. The existing home includes a 3-bedroom, 1-bathroom home, which can be renovated, rented, or used as an income-generating property during the planning and development stages. The property also includes plenty of parking including a detached garage at the rear. Whether you’re looking to maximize the current zoning or explore its long-term commercial use potential, this lot offers both flexibility and prime positioning. Don’t miss out on a chance to capitalize on this unique opportunity in a high-traffic, growing area. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Extra Room 1 Basement 22'4'' x 16' Recreation room

Extra Room 2 Basement 11'10'' x 10'10'' Bedroom

Extra Room 3 Main level 9'4'' x 8'9'' Laundry room

Extra Room 4 Main level 15'9'' x 12'1'' Living room

Extra Room 5 Main level 12'10'' x 12'1'' Kitchen

Extra Room 6 Main level 10'7'' x 8'10'' Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

View Y/N No

Roof Type Unknown

Total Parking Spaces 1

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Ranch

Others

Ownership Freehold

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