Homes for sale - 1681 Sugar Lake RD #67, Cherryville, BC V0E2G2

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Brandon & Lisa Grass

brandon@brandongrass.com +1(250) 212-5672

$ 1,375,000

Est. payment -/mo

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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

Parking Features No

Community Features Family Oriented, Rural Setting

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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+1(250) 212-5672

brandon@brandongrass.com

1631 Dickson Ave, Kelowna, V1Y, 0B5, CAN