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626 MARTIN Street, Penticton, British Columbia, V2A 5L6

MLS® # 10329758
Commercial For Sale In Penticton, British Columbia
$499,000

None Beds

626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
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626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
626 Martin Street, Penticton, BC
  • Advertising
626 MARTIN Street, Penticton, British Columbia, V2A 5L6
$499,000

Property Information:

Amazing small office building with parking for at least 4 vehicles, or as a development opportunity in the heart of downtown. There are 4 offices, a large lobby and room to add a 5th office in the waiting area if you need it. The building is in great shape and has a large parking area off the alley. This C5 zoned property is the best downtown zoning you can get allowing for a varied mix of uses. On the development side, it allows for 100% site coverage and is the ideal downtown zoning for a mixed use building. Plans are in place for a 12 unit apartment block with 7 parking stalls and 2 staircases plus an elevator. New zoning and provincial rule changes allow for a building to be built with only one staircase and no requirement for parking -- increasing the density to 20 units. (id:27)

Building Features:

  • Style: Office
  • Building Type: Offices
  • Exterior Finish: Wood
  • Floor Space: 976 sqft
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Easy access
  • Amenities Nearby: Schools, Shopping
  • Built in: 1940
  • Community Features: High Traffic Area
  • Features: Level lot
  • Floor Space (approx): 976 Square Feet
  • Landscape Features:
  • Sewer: Municipal sewage system
  • Parking Type: Street, Rear
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Penticton Realty

REALTOR.ca  

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Market Price Trends

All Properties

-7.53%

Price change (1 year)

36.97%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 626 MARTIN Street, Penticton, British Columbia, V2A 5L6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 626 MARTIN Street , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 626 MARTIN Street , experiences 11 significant 2-day storms per year, with about 134.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 146.4mm of precipitation per year.

Precipitation Per Storm

Past
134.3mm
2050
146.4mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 626 MARTIN Street, Penticton, British Columbia, V2A 5L6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,662.44

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.41 %

High school certificate or equivalent

32.6 %

Apprenticeship trade certificate/diploma

9.87 %

College/non-university certificate

24.15 %

University certificate (below bachelor)

0.19 %

University Degree

14.77 %

Commuter

Travel To Work

By Car

71.17 %

By Public Transit

1.92 %

By Walking

21.03 %

By Bicycle

1.99 %

By Other Methods

3.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.28 %

Houses

35.72 %

Own Vs. Rent

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