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Downtown Penticton development site sells for nearly $1.6M

Sale price works out to $5.2 million an acre
32-backstreet-boulevard-penticton
Centrally located, 32 Backstreet Boulevard, Penticton, sold June 24 for $1,585,000.

DEAL | William Wright Commercial sold a 0.306-acre development site at 32 Backstreet Boulevard, Penticton, on June 24 for just short of $1.6 million. The prime location just off Front Street and Main Street, is just footsteps from countless amenities and is considered one of the most desirable locations in the city. The surrounding area continues to grow and be redeveloped into a vibrant urban community. The property is currently zoned C5, which is the most flexible and sought-after zoning in Penticton.

PRICE | $1,585,000

FROM | Jeff Hancock and Shelby Kostyshen, William Wright Commercial