New property listed in Penticton

I have listed a new property at 600 WINNIPEG STREET in Penticton.
DEVELOPER ALERT: 594 and 600 WINNIPEG ST. Valuable 21,600 sq ft of RM3 zoned land in the centre of Penticton. Zoning allows for 18m height, 5 storeys, 50% site coverage, FAR is 1.2 = 25,920 sq ft. At the list price that equals $44.36 per allowable sq ft. The city is reviewing a proposal to change RM3 to 6 storeys and 1.5 FAR. All main services are available, please see the listing representative for city services report. Two old houses on the property are currently rented to provide some carrying income until development.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.