$ 1,375,000
1681 Sugar Lake RD #67 Cherryville, BC V0E2G2
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,375,000
Est. payment /mo
Active
1681 Sugar Lake RD #67 Cherryville, BC V0E2G2
4,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,240 sqft
Price per Sqft $324
Subdivision Cherryville
MLS® Listing ID 10309973
Originating Board Association of Interior REALTORS�
Year Built 2008
Lot Size 9,583 Sqft
Acres 9583.2
Property 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:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Baseboard heaters, , See remarks
Exterior
Garage No
Community Features Family Oriented, Rural Setting
Waterfront No
View Y/N No
Roof Type Unknown
Total Parking Spaces 12
Private Pool No
Building
Lot Description Landscaped, Level, Wooded area
Sewer See remarks
Others
Ownership Freehold
Listed by eXp Realty (Kelowna)
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