Address
1045 MAIN Street Okanagan Falls, BC
Price
$ 3,998,000
Property Attributes
  • ID#192292
  • TypeIndustrial
  • CityOkanagan Falls
  • NeighbourhoodOkanagan Falls
  • Postal CodeV0H 1R4
  • Style
  • Price$ 3,998,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size0.589 Acres
Listing Provided Courtesy Of:
Royal Lepage-Locations West
Data Source:
Canadian Real Estate Association
Property 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. (id:7434)

General Features

Ammenities Golf Course, Recreation, Shopping, Schools
Building Type Other
Community Features High Traffic Area
Features Central location, Corner Site, Visual exposure, Flat site
More Information Link https://www.realtor.ca/real-estate/23893434/1045-main-street-okanagan-falls-okanagan-falls
Neighbourhood Okanagan Falls
Ownership Type Freehold
Property Type Industrial

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters

Exterior Features

Land Amenities Golf Course, Recreation, Shopping, Schools
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Industrial Average in V0H 1R4

Price
AVG $4M
$4M
Visits
AVG 3
2
Year Built
AVG 1947
1947