For Sale: 1348 Government Street, Penticton, BC - REW
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$524,900
3 bd 2 ba 2082 sf House

1348 Government StreetPenticton, BC, V2A 4V8

  • 3 Bed
  • 2 Bath
  • 2082 Sqft
  • House

About this home

Residential, commercial and investment opportunity all in one spot. Prime C1-zoned property in central Penticton offering live/work flexibility, holding income, and development potential. Located within an area identified in the Official Community Plan for higher-density residential, this property also presents a strong future redevelopment opportunity for multi-unit housing (buyer to verify). Situated on a 0.142-acre lot, this well-located property is walking distance to McLaren Arena, Schools, Penticton Regional Hospital, shopping, and the KVR trail, with public transit right at the doorstep. Options could see this configured as a professional office (it was formerly a chiropractic clinic), as the main level features 3 large offices, reception area, 4-pc bath, and a welcoming waiting room with fireplace and hardwood floors. The lower level provides ample storage, or the layout can be converted into a 3 bedroom, 2 bathroom, ~2,000 sq ft single-family home. Wheelchair accessible for added versatility. C1 zoning supports a wide range of uses including daycare, medical, professional, retail, and service-based businesses, making it ideal for an owner-operator or investor. 5 on-site parking stalls (including 1 covered) with rear lane access add convenience for staff and clients. Contingent. Quick possession available. Duplicate commercial listing. Some photos have been virtually staged.
Listing courtesy of Engel & Volkers
Listed by: Jonathan Wall PREC*, Engel & Volkers South Okanagan

Home facts and features

Price details
List Price
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
1
Parking Details
Additional Parking, Other
Property Type
House
Lot Size
6099 ft²
Year Built
Built in 1960 (66 yrs old)
Exterior Finish
Heating Type
Forced Air, Natural Gas
Cooling
Central Air
Agent details
Primary Agent
Primary Broker
Engel & Volkers South Okanagan
Listing details
Days on REW
60 Days
Property Views
358
MLS® Number
10377853
Source
Engel & Völkers
Board
Okanagan-Mainline Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Carmi School
  • Public
  • Pre-K - 5
Ecole Entre Lacs
  • Public
  • K - 8
L’école Entre-lacs
  • Public
  • K - 8
Holy Cross School
  • Independent
  • K - 8
Penticton Christian School
  • Independent
  • K - 12
KVR Middle School
  • Public
  • 6 - 8
Penticton Secondary School
  • Public
  • 9 - 12
Columbia School
  • Public
  • Pre-K - 5
Wiltse Elementary School
  • Public
  • K - 5
Uplands Elementary School
  • Public
  • K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.