$1,375,000 FOR SALE

Commercial/Retail

Lot: 110 x 0 ft

1681 Sugar Lake Road Unit# 67 Lot #67
Cherryville, BC V0E 2G2

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:47423)

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Listed By eXp Realty (Kelowna)
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10309973
Last Updated Sep 02, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Cherryville
Price History
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Detailed Information
Lot 110 x 0 ft
Amenities Nearby Golf Nearby, Schools, Shopping
Community Features Family Oriented, Rural Setting
Features Level lot, Irregular lot size
Listing Contract Date 2024-05-10
Municipal ID 026-301-288
Ownership Type Freehold
# of Parking Spaces 12
Property Type Hospitality
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 2008
Heating Fuel Electric
Heating Type Baseboard heaters, See remarks
Roof Material Steel
Roof Style Unknown
Type Other
Utility Water Well
Parking Spaces
Name Spaces
See Remarks
Land
Total Size 0.22 acres
Access Type Easy access
Amenities Golf Nearby, Schools, Shopping
Landscape Features Landscaped, Level, Wooded area
Sewer See remarks
Size of Irregular Land 0.22

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