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C1-Zoned Mixed-Use Property
New
For Sale
$424,900

1348 Government Street, BC

Penticton, BC

Property SizeContact for details
Lot Size0.14 Acres
Days on Market5

Property Features for 1348 Government Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.14 Acres

Amenities

fireplace
hardwood floors
wheelchair accessible

Building Details

Year built 1960
Listing Agency: Engel & Volkers South Okanagan · Engel & Völkers
Listed By: Jonathan Wall
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 14 at 7:06AM
MLS# 10383032

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property occupies a 0.142-acre lot and includes a main level arranged with 3 offices, reception, a waiting area, a 4-piece bathroom, hardwood floors, and a fireplace. The lower level offers storage and could be reconfigured as a 3-bedroom, 2-bathroom home of approximately 2,000 square feet. The building was constructed in 1960, is wheelchair accessible, and was formerly used as a chiropractic clinic.

C1 zoning supports a range of uses identified in the source, including daycare, medical, professional, retail, and service-based businesses. The property has 5 on-site parking stalls, including 1 covered stall, along with rear lane access. Public transit is at the property, while McLaren Arena, schools, Penticton Regional Hospital, shopping, and the KVR trail are within walking distance. The area is identified in the Official Community Plan for higher-density residential, subject to buyer verification.

Key Highlights

  • 0.142‑acre C1‑zoned mixed‑use property
  • Main level includes 3 offices, reception, waiting room, and a 4‑piece bathroom
  • Lower level can be configured as a 3‑bedroom, 2‑bathroom home of approximately 2,000 sq ft

Property Analytics

Current Use

Live-work space

Lease Details

3
Office units

Market

Vacancy Rate% for Office in the U.S.

13% 2019
15.4% 2020
16.8% 2021
18.2% 2022
19.7% 2023
20.9% 2024
20.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial layout with office rooms, accessibility features, parking, and potential residential configuration.
Where is this mixed-use property located?
The property is located at 1348 Government Street BC.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 0.142‑acre C1‑zoned mixed‑use property; Main level includes 3 offices, reception, waiting room, and a 4‑piece bathroom; Lower level can be configured as a 3‑bedroom, 2‑bathroom home of approximately 2,000 sq ft
More about this property
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