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Hospitality For Sale Active $1,375,000 1681 Sugar Lake Road Unit# 67, Cherryville, British Columbia

MLS#: 10309973

eXp Realty (Kelowna)
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Summary
Status
Active

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Address
1681 Sugar Lake Road Unit# 67, Cherryville, British Columbia
Size
4240 sqft
Listing Type
For sale
Property Type
Hospitality
Commercial Type
Other

Photos

56

Description

This beautiful 5+ suite Lodge is open Year Round for daily, weekly, biweekly and monthly accommodation bookings. Corp. and govt. stays as well as repeat vacationers know to book early to get their favourite suite, all of which are fully self-contained and furnished. The Bistro with liquor license has been closed since covid, but offers significant income potential with more families buying lots at the resort each year. The restaurant was adored by locals who came out and packed the restaurant on weekends and special occasions such as mother's day and birthdays. Romantic couples enjoyed cool evenings on the patio with propane heaters and cosy wraps while watching the moon reflect on sugar lake. There is nothing like this in the North Okanagan! With changes in BC's short-term rental, the Resort's Recreational Commercial Zoning makes it a destination of choice! Operators and caretakers can live here full-time year-round. Perfect for a family operation, this Lodge is a rare and exciting opportunity for anyone who wants rental income. The Lodge and Bistro is a 1/67th owner of the resort corporation. All RVs and homes are also share owners of the whole Resort. Private Rentals must go through the management contract which is available as an additional revenue source to owners of the Lodge. Boat slips are available for rent. The Lodge has its own septic system for the Bistro. Sugar lake is well known for fishing, swimming and boating. H.O. Maint fees only $246.73/ mo (id:23770)

Additional Information

Location
Land
Building
Financial
Sales Data
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City Cherryville
Province British Columbia
PostalCode V0E2G2
Country Canada
Neighbourhood Cherryville
Community Features Family Oriented, Rural Setting
Street Address 1681 Sugar Lake Road Unit# 67
Property TypeHospitality
Transaction TypeFor sale
Ownership TypeOther, See Remarks
MLS #10309973
Ammenities NearByGolf Nearby, Schools, Shopping
Size Total0.22 ac|under 1 acre
Size Frontage110 ft
Access TypeEasy access
AcreageNo
Land AmenitiesGolf Nearby, Schools, Shopping
Landscape FeaturesLandscaped, Level, Wooded area
SewerSee remarks
Size Irregular0.22
FeaturesLevel lot, Irregular lot size
Zoning TypeUnknown
Property TypeHospitality
Roof Material Metal
Roof Style Unknown
Size Interior 4240 sqft
Type Other
Utility Water Well
Parking Space Total 12
Constructed Date 2008
Fireplace Present False
Heating Fuel Electric
Heating Type Baseboard heaters, See remarks
Price 1375000.00
Listing Contract Date 2024-05-10
Lease 0.00
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Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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