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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:44483)
| MLS® Number | 192292 |
| Property Type | Industrial |
| Neigbourhood | Okanagan Falls |
| Amenities Near By | Golf Course, Recreation, Shopping, Schools |
| Community Features | High Traffic Area |
| Features | Central Location, Corner Site, Visual Exposure, Flat Site |
| Constructed Date | 1947 |
| Heating Type | Baseboard Heaters |
| Type | Other |
| Utility Water | Irrigation District |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Golf Course, Recreation, Shopping, Schools |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.589 |
| Size Total | 0.589 Ac |
| Size Total Text | 0.589 Ac |
https://www.realtor.ca/real-estate/23893434/1045-main-street-okanagan-falls-okanagan-falls
Contact us for more information
Penny Morrison
Personal Real Estate Corporation
(250) 493-2244
(250) 492-6640
Eric Bifford
(250) 493-2244
(250) 492-6640
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I'll be in touch with you as soon as possible about getting your home Setup on the Focal Template