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

MLS#: 10314185

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
Multi-family
Commercial Type
Multi-Family

Photos

53

Description

This is an ideal family business that operates year-round in recreational commercial zoning which allows for a dwelling for the owner, manager or employee of the operation. 3-Story Sugar Lake timber frame log home featuring 5 suites is a great buying opportunity as an investment property, restaurant, or residential mortgage Helper in this pristine tourist area. The 1600 sq. foot main floor could be converted into more suites, a single suite, or partitioned off to include dwelling unit(s) while keeping the turn-key restaurant. Let your imagination make the most of this unique and popular property which is located on the Sugar Lake recreational properties development. Spend your summers on the lake and your winters on sleds in the crown land nearby. The fully Furnished Penthouse and 4 studio kitchenette/bedroom Suites can be rented year-round for extra income while you live and/or work on the main floor. Let your imagination place you in this attractive Lodge in a rare lake setting with large decks and gorgeous mountain and lake views. Boat slips, satellite internet available as well as the opportunity to take over the management contract for the whole 67 lot development. School, shopping and golf in nearby Cherryville, North Okanagan. Suite appliances and furniture included. Commercial kitchen equipment also included. Sellers may be willing to consider some financing, if needed, or trade for other property. Monthly Maintenance. Fee only $246.73 (2023). (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 Pets Allowed, Rentals Allowed
Street Address 1681 Sugar Lake Road Unit# 67
Property TypeMulti-family
Transaction TypeFor sale
Ownership TypeShares in Co-operative
MLS #10314185
Size Total0.22 ac|under 1 acre
AcreageNo
SewerSee remarks
Size Irregular0.22
FeaturesBalcony, Three Balconies
Surface WaterLake
View TypeLake view, Mountain view, Valley view, View of water, View (panoramic)
Zoning TypeCommercial
Property TypeMulti-family
Stories Total 1
Size Interior 4240 sqft
Type Multi-Family
Utility Water Well
Parking Space Total 12
Architectural Style Other, Bungalow, Contemporary, Log house/cabin, Split level entry
Constructed Date 2008
Construction Style Split Level Other
Fire Protection Smoke Detector Only
Fireplace Fuel Gas
Fireplace Present True
Fireplace Type Unknown
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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