53 Front Street, Penticton
Premium Turnkey Business & Building in Penticton’s Historic Downtown Core. An exceptional opportunity to acquire both the Melt Mineral Spa business and its commercial building on sought-after Front Street. Just blocks from Okanagan Lake, the beach and boardwalk, this prime location offers excellent street exposure in one of Penticton’s most vibrant boutique shopping and dining districts. An established, award-winning luxury wellness brand, Melt Mineral Spa features a professionally designed interior with a modern retail storefront and reception area, multiple private treatment rooms, infrared sauna installations and a beautifully appointed guest relaxation lounge. The extensive improvements create an inviting environment for clients and a turnkey opportunity for an owner-operator. Surrounded by character architecture, restaurants and independent retailers, the property benefits from seasonal tourism, downtown events and an established local clientele. Nearby public parking adds convenience for guests. Combining an established business with ownership of the real estate, this offering provides the opportunity to control your premises while investing in a desirable downtown location. Flexible commercial zoning offers potential for alternative future uses, subject to municipal approval. (id:1945)
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Property details for 53 Front Street, Penticton
- Type
- Commercial
- Lot Size
- 0.06
- Ownership
- Freehold
- Annual Taxes
- $9,585
Nearby Listings Stat
Estimated price and comparable properties near 53 Front Street
Active Listings
207
Min Price
$250
Max Price
$9,290,000
Avg Price
$908,588
Days on Market
114
days
Sold Listings
45
Min Sold Price
$184,900
Max Sold Price
$4,250,000
Avg Sold Price
$912,767
Days until Sold
114
days
Neighbourhood Census Data
Penticton, British Columbia / Colombie-Britannique
Population
763
Median Age
51.4
Median Income
$33,984
Dwelling Value
$375,756
Housing Tenure
Owners 48%
Renters 51%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 2,157.8/km²
Avg Shelter Cost: $1,162/mo
Owners with Mortgage: 63.4%
Owners Spending 30%+: 14.6%
Tenants Spending 30%+: 40%
English only: 91.4%
French only: 0.7%
English and French: 7.9%
Median Household Income: $54,400
Median Employment Income: $26,688
Price History
Listed
October 26, 2026
by Coldwell Banker Executives Realty
Current Price
$1,250,000
Type
Commercial
For Sale
