V2A Commercial Land Properties for Sale

Commercial Real Estate in V2A available for sale

V2A Commercial Land for Sale

457 Ellis St

Penticton, BC V2A 4M1

Land for Sale
$657,500 CAD
0.07 AC Lot

Penticton Land for Sale

To acquire a 2,997.27 square foot high density development site situated on a downtown lot in Penticton, BC.

Contact:

Macdonald Commercial

Property Subtype:

Commercial

Date on Market:

2026-05-06

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101 Martin St and 98 Winnipeg St

Land for Sale
$4,533,000 CAD
0.75 AC
2 Land Properties

Penticton Portfolio of properties for Sale

Exceptional opportunity to purchase a ±0.95 acres development site suitable for condominiums or purpose built rental apartments. Current zoning: P1. The Property is offered in its current zoning. The Seller will consider offers conditional upon the Buyer obtaining rezoning to C5 (Urban Centre Commercial). C5 zoning allows gross FAR of up to 6.0, providing meaningful density potential. Dual site access via Martin Street and Winnipeg Street. No minimum parking requirements under C5 zoning, enhancing developable efficiency and project economics. Ground-floor commercial required, with residential permitted above, aligning with modern mixed-use urban development trends. List price equates to ~$110/SF of land. Occupancy required through end of 2026; flexible closing/leaseback options available. CMHC-reported Penticton rental vacancy rate of approximately 2.6%, underscoring strong rental demand fundamentals.

Contact:

HM Commercial Group

Date on Market:

2026-03-02

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Commercial Land Properties for Sale Within 5 kilometers of V2A

10105 Gilman Rd

Summerland, BC V0H 1Z2

Land for Sale
$2,300,000 CAD
7.29 AC Lot

Summerland Land for Sale

This 7.29 Acre apple orchard farm comes with a beautiful Okanagan Lake view is an ideal agricultural and multi-family income-generating investment. The entire farm is presently planted with Ambrosia and Gala. The 3-bedroom main house overlooks the breathtaking Lake views, with huge living room, Rec room and sunroom totalling 2400 sq. ft. The 2-bedroom secondary house has been recently renovated with brand new appliances. Both houses are rented. All the machinery (tractor, sprayer, shredder, forklift and 4x4 UTV) is also included in the purchase price.