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1027 Government Street

$ 699,000 | 3 Beds | 1 Baths | 1,704  Sq.Ft.
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1027 Government Street

MLS #10356138

Property Description

ATTENTION DEVELOPERS. 1027 Government is an exceptional opportunity to acquire a .18-acre developable lot in a prime, central location within walking distance to to schools, shops, hospital and many core amenities. Take advantage of Penticton’s accelerating real estate growth with this prime investment opportunity, now benefiting from new multi-unit zoning and positioned for future higher-density development (buyer to conduct due diligence with City). Flat, accessible, and ideally located, it presents opportunities for a multi-unit build, duplex, or infill development, while the existing character home offers significant holding income or renovation potential. Mature landscaping, and ample parking make this a versatile and strategic investment in a rapidly evolving neighbourhood. Whether you’re a developer, investor, or forward-thinking buyer, this is a property with serious upside. **Property boundary lines shown are approximate and for illustrative purposes only. They are not to be relied upon for purchase decisions. Buyers are advised to verify all property details through independent investigation and professional surveys. (id:47466)

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Price:$699,000
MLS® Number:10356138
Full Address:1027 Government Street, Penticton, British Columbia, V2A4T9
Built In:1938
List Date:July 21st, 2025
Lot Size:0.1.00080 ac|under 1 acre

Property Specifications

Bedrooms:3
Bathrooms:1
Basement Type:Full
Air Conditioning:Central air conditioning

Interior Features

Storeys:1.5
Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Total Finished Area:1704 sqft
Roof:Asphalt shingle
Zoning:Unknown
Exterior:Stucco

Building Features

Square Footage:1704 sqft

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Steve Thompson
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Agent: Callan Power | Office: Summerland Realty Ltd.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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