Contingent. Excellent investment and development opportunity! This long-time Penticton motel is bordering the city North Gateway plan for future growth and expansion. Currently zoned CT1 with rezoning possibilities for multifamily development under the OCP. Duplexes, cluster housing , fourplexes, townhouses, and bare land strata developments up to 3 ½ storeys all fall under future designations. This .47-acre site is just steps to the Okanagan Convention Center, SOEC, and only 1 ½ blocks to Okanagan Lake.