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98 ELLIS Street

$ 1,250,000 | N/A Beds | N/A Baths |
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98 ELLIS Street

MLS #10360063

Property Description

Prime Development Opportunity in the Heart of the City! Exceptional commercial/residential development site with C6 zoning, ideally located just steps from Okanagan Lake, the Farmers’ Market, marina, and vibrant downtown shopping and dining. This rare offering supports a six-story mixed-use building featuring ground-floor commercial space with residential units above—perfectly suited for today’s urban lifestyle demand. The upper floors of the proposed building will showcase sweeping lake and mountain views, creating highly desirable residences in one of Penticton’s most sought-after locations. Currently utilized as a parking lot, the property offers a true clean slate—with no demolition or disposal costs—ready for immediate development. Whether you’re an investor or developer, this site presents a unique opportunity to bring a signature project to life in Penticton’s vibrant core. (id:47466)

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Price:$1,250,000
MLS® Number:10360063
Full Address:98 ELLIS Street, Penticton, British Columbia, V2A4L5
List Date:August 20th, 2025
Lot Size:0.220 ac|under 1.000 acre

Property Specifications

Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water
Zoning:Unknown

Building Features

View:City view, Lake view, Mountain view, View of water, View (panoramic)

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Steve Thompson
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Agent: Steve Thompson | Office: Chamberlain Property Group
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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