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1266 GOVERNMENT Street

$ 799,000 | 3 Beds | 1 Baths | 2,066  Sq.Ft.
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1266 GOVERNMENT Street

MLS #10361847

Property Description

Exceptional 8-Unit Development Opportunity on Government Street. This prime property presents an excellent opportunity for developers or investors, with preliminary designs in place for two 4-plex development sites (8 units total). Conveniently located near the hospital, IGA, and public transit, the site offers both accessibility and strong future growth potential. Currently, the property features a home that is rented for $1,700 per month plus utilities, providing holding income while you plan your project. With the groundwork already underway and preliminary designs available, this is an ideal chance to move forward with a profitable development in a sought-after area. Whether you’re looking to build and sell, hold as a rental investment, or add to your portfolio, this property offers flexibility and strong upside. (id:47466)

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Price:$799,000
MLS® Number:10361847
Full Address:1266 GOVERNMENT Street, Penticton, British Columbia, v2a4v4
Built In:1930
List Date:September 3rd, 2025
Lot Size:0.1.00090 ac|under 1 acre

Property Specifications

Bedrooms:3
Bathrooms:1
Fireplace Type:Unknown Gas
Basement Type:Cellar

Interior Features

Storeys:1
Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Total Finished Area:2066 sqft
Roof:Asphalt shingle
Zoning:Unknown
Exterior:Other

Building Features

Square Footage:2066 sqft

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Steve Thompson
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Agent: Amar Kahlon | Office: RE/MAX Penticton Realty
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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