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Penticton Development Property - Foreclosure

169 Estabrook Avenue Penticton V2A1G2 : North

Main Photo: Penticton Development Property - Foreclosurebanner
$599,900
Prop. Type:
Land Only
MLS® Num:
111029
Status:
Sold
SOLD for $612,000 in Court....

:::: Accepted Offer going into Court January 13th, 2011 is $550,000 :::: Call for more details....


FORECLOSURE SALE: 

 Contingent: "All offers to be Subject to Court Approval":  0.613 acre lot in the heart of Penticton. 158 ft of frontage on Estabrook Ave with 178' on Winnipeg Street. Purchase now and hold, rent out for downtown parking for business area employees? Currently zoned CM (Heavy Commercial), but the City's Official Community Plan is for High Density Residential. The highest and best use for his property would be rezoning and develop property for multi-family and/or mixed multi-family/commercial use. 2010 property assessment is $1,381,000. Call for details.
Listed Date:
Aug 23, 2010
Days on Mkt:
642
Previous Price:
$699,000
Original Price:
$649,900
Property Type:
Land Only
For Rent:
No
Taxes:
$15,977.10 / 2009
Lot Details:
0.613 acre parcel
Water Supply:
City/Municipal
Title to Land:
Freehold NonStrata
Central Location, Recreation Nearby
025-418-203
Lot 3 Plan KAP71211 DL 4 and 202 LD 54 SDYD
Permitted Use:
Other
Access to property:
Road Access
Cable Service:
Available Nearby
Natural Gas:
At Lot Line
Electricity:
At Lot Line
Sanitary Sewer:
Available
Telephone Service:
At Lot Line
Build. Plans:
Not Available
Development Permit:
No
Num. of Parcels:
1
Potential for Rezoning:
Yes
Sketch Attached:
Yes
Listed by Paul Basso
Listing information last updated on 13-Jan-2011 9:01 PM
Penticton Real Estate - Real Estate in Penticton BC Canada
Office:250-492-2911
Fax:250-492-2878
Coldwell Banker Okanagan Realty
101-1873 Main Street
Penticton, BC
V2A 5H2 Canada
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