Development opportunity in a central Penticton location. This property sits on an approximately 8,450 sq. ft. lot and is currently improved with an older bungalow-style home and detached shop. The existing home requires work and is being offered primarily for its land and future potential. The property is zoned RM2 with OCP High Density designation, creating an excellent opportunity for developers, investors or builders looking to explore future redevelopment possibilities. The lot offers a central location with convenient access to Penticton amenities, services, transportation and recreation. Whether you are looking to undertake a substantial renovation or investigate redevelopment options, this property offers flexibility and potential in an established neighbourhood. Buyer to conduct their own due diligence regarding zoning, OCP designation, development potential, permitted uses, density and all municipal requirements. An opportunity to secure a well-located development property in Penticton with significant future potential. (id:6769)