1070 Lakeshore Dr W Local commercial | 317 m² | 1 462 599 € | À vendre | Penticton, BC V2A 1C1

Prominent semi-waterfront commercial space in the heart of Penticton’s vibrant tourism district, ideally positioned across from Okanagan Beach. Offering a strategic foothold in one of the South Okanagan’s most desirable and high-traffic locations, this premium strata unit features 3,407 SF on the main floor, currently demised into two spaces. Approx. 850 SF leased to The Pilates Mat Studio, featuring a stylish modern build-out with 2 washrooms, abundant windows, and patio. The second area is a larger owner-occupied space of approx. 2,550 SF, to be delivered vacant on possession, and has a large patio, open concept layout with 1 washroom and kitchenette, and is ready for your vision. C3 Mixed Commercial zoning allows for diverse uses, including restaurants, retail, service, hospitality, and more. Excellent location, directly across from the beach with stunning lake and mountain views. Walking distance to restaurants, boutique shops, and Penticton’s most popular attractions. Built-in income & flexibility, with immediate rental income from the leased space, plus the opportunity to occupy or lease the vacant portion. Offering expansion potential with the rare option to acquire all 3 strata units in the building, enabling full-building control and potential strata dissolution. Penticton’s thriving year-round tourism, limited waterfront commercial inventory, and growing local economy make this an asset with exceptional appreciation potential and long term value.  This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users.

This premium semi-waterfront commercial strata unit offers an exceptional opportunity in the heart of Penticton’s vibrant tourism district. Positioned directly across from Okanagan Beach, the property delivers superior visibility and high pedestrian traffic, making it a compelling asset for both investors and owner-users. Spanning 3,407 SF on the main floor of retail space.

C3 Mixed Commercial zoning supports a diverse range of uses, including retail, hospitality, service, and professional offices. The property also offers rare expansion potential with the opportunity to acquire the remaining strata units in the building, creating options for full-building control and strategic consolidation.