1045 MAIN STREET Okanagan Falls ( British Columbia, CA - V0H 1R4) Built

$3,998,000 CAD
Located on the southern shores of Skaha Lake,

Royal Lepage

Dan Jones, Realtor Dan Jones, Realtor 1-800-734-0457 (Office) 1-250-488-0226 (Cell) Request More Info

  • Drawing tremendous interest from both investors and prospective South Okanagan residents
  • Type: Commercial
  • Style: Commercial
  • Garage: 30-Stalls
  • Development Level: Built
  • Lot Size: 0.589 acres
  • Year Built: 1947
  • Taxes: $14,739.00 CAD (2021)
  • MLS ® #: 192292

Description

Brimming with potential, this turn-key Boutique Hotel is in Okanagan Falls, located on the southern shores of Skaha Lake, a short 10-minute commute to Penticton. The town is drawing tremendous interest from both investors and prospective South Okanagan residents, with several residential and commercial projects breaking ground. The Hotel sits on over 25,000SqFt of prime commercial land with flexible zoning allowing for a variety of uses and tons of parking. The 6,200SqFt ground level consists of a licensed Bistro Café, office space, as well as a huge, licenced restaurant with 2,000SqFt of covered, licensed outdoor space. Upstairs you’ll find 12 hotel rooms, breakfast room and a 1bd Caretaker’s Apartment. The basement has 4,000SqFt of Storage and Mechanical. This Building wants for nothing with all new mechanical, electrical, plumbing, HVAC and more. Okanagan Falls is the absolute definition of latent value, and, for this reason, it should be on every real estate investor’s radar.

Attachments

Highlights

  • Site Influences Central Location, Golf Nearby, Highway Access, Corner Site, High Traffic Area, Shopping Nearby, Recreation Nearby, Flat Site, Visual Exposure, School Nearby
  • Restriction Underground Right-of-Way, Other

Features

Exterior Finish

  • Frame
  • Wood

View

  • Mountain View

Cooling

  • Central Air

Heating

  • Electric Baseboard
  • Forced Air
  • Natural Gas
P2#353037818
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Information is deemed to be correct but not guaranteed.

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