Iconic Downtown Commercial Opportunity. Rare chance to own a landmark piece of Penticton history. Once among BC's premier nightclubs, this iconic 3-storey building sits in the heart of downtown and is now available for full land & building ownership - a true legacy property with unlimited potential. The versatile layout spans 3 floors, each capable of operating as an independent revenue stream. Recent use as a profitable pawn shop demonstrates strong commercial viability, while the building's bones lend themselves to a wide range of future uses: restaurant or dinner theatre, live entertainment venue, fitness center, retail, professional offices, or a boutique hospitality concept. The 3rd floor features a self-contained 2-bedroom suite, ideal for an owner-operator or as additional rental income. Four separate building entrances provide excellent accessibility and operational flexibility for multi-tenant configurations. Whether you're an investor seeking multiple revenue streams, an entrepreneur ready to make your mark, or a developer with a vision for one of Penticton's most recognizable addresses - this property demands a closer look. Full land and building ownership, 3 floors with 3 potential revenue streams, a 2-bedroom suite, 4 separate entrances, and a prime downtown location combine to make this one of the most compelling commercial opportunities to hit the Penticton market in years. A property like this rarely comes to market. Book your private showing today. (id:2493)
Data was last updated September 22, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,000,000
Min list price:
$80,000
Max list price:
$1,550,000
Avg days on market:
134
Min days on market:
7
Max days on market:
781
Avg price per sq.ft.:
$149.67
These statistics are generated based on the current listing's property type
and located in
Main North. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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