1681 Sugar Lake Road Unit# 67 Cherryville, British Columbia V0E 2G2
$1,375,000
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. 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:41053)
Property Details
| MLS® Number | 10314185 |
| Property Type | Multi-family |
| Neigbourhood | Cherryville |
| Community Features | Rentals Allowed |
| Features | Balcony, Three Balconies |
| Parking Space Total | 12 |
| View Type | Lake View, Mountain View, Valley View, View Of Water, View (panoramic) |
Building
| 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 | Yes |
| Fireplace Type | Unknown |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, See Remarks |
| Stories Total | 1 |
| Type | Multi-family |
| Utility Water | Well |
Land
| Acreage | No |
| Sewer | See Remarks |
| Size Irregular | 0.22 |
| Size Total | 0.22 Ac|under 1 Acre |
| Size Total Text | 0.22 Ac|under 1 Acre |
| Surface Water | Lake |
| Zoning Type | Commercial |
https://www.realtor.ca/real-estate/26932986/1681-sugar-lake-road-unit-67-cherryville-cherryville
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September 02 2024 05:59:31
Okanagan-Mainline Real Estate Board
Exp Realty (Kelowna)
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Contact Scott & Cole
Scott Marshall and his team are happy to assist in any way possible on the potential purchase or sale of any property here in the Okanagan Valley. With a history dating back to 1911, we know the area like the back of our hands.