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1580 Fairview Road
Penticton British Columbia V2A6A3 Canada

$600,000

Active Listing ID 10323781
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3 bed
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1,581 square feet
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1.00 Bath
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Single Family

$600,000

Active Listing ID 10323781
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1580 Fairview Road **Development Opportunity on Fairview Road | .28 Acres Zoned RL-4** Prime development potential on Fairview Road. This expansive .28-acre lot zoned RL-4, is ideal for real estate developers, renovators or investors looking to take advantage of its future potential. The Official Community Plan (OCP) designates this property for commercial use, offering endless potential for redevelopment. Fronting on Fairview Road, this parcel boasts excellent visibility and close proximity to Highway 97—perfect for a range of commercial projects. The existing home includes a 3-bedroom, 1-bathroom home, which can be renovated, rented, or used as an income-generating property during the planning and development stages. The property also includes plenty of parking including a detached garage at the rear. Whether you’re looking to maximize the current zoning or explore its long-term commercial use potential, this lot offers both flexibility and prime positioning. Don’t miss out on a chance to capitalize on this unique opportunity in a high-traffic, growing area. *All boundaries shown are to highlight property location only, all borders are approximate and to be verified by the buyer. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Forced air
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 10/9/2024 10:05:26 PM GMT
Source Updated Date: 11/23/2024 11:29:21 PM GMT

Courtesy of: Kenneth Aitkens, , Real Broker B.C. Ltd