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1045 MAIN Street

$3,600,000 |  Beds |  Baths |
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1045 MAIN Street

MLS #194738

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 6,186SqFt ground level consists of a licensed Bistro Café, office space, as well as a huge, restaurant with 1,885SqFt of covered outdoor space. Upstairs you'll find 5 two-bedroom Family Suites, 2 one-bedroom hotel rooms, a 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. (id:47466)

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Price:$3,600,000
MLS® Number:194738
Full Address:1045 MAIN Street, Okanagan Falls, British Columbia, V0H1R4
Built In:1947
List Date:June 7th, 2022
Lot Size:0.589 ac

Property Specifications

Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Irrigation District

Building Features

Amenities Nearby:High Traffic Area

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Agent: Penny Morrison | Office: Royal Lepage Locations West
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