344 days on Market

67 - 1681 SUGAR LAKE ROAD, Cherryville, British Columbia V0E2G2

Townhouse
-
-
~4240 sqft
$1,375,000
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Townhouse
-
-
~4240 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$324/sqft

Est. Mortgage$5,905/mo

Tax Amount ()$2,400/yr

Days On Market344 days


Description

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. 3-Story 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:39198)


Property Details

StyleMulti-Family
ViewLake view, Mountain view, Valley view, View of water, View (panoramic)
Age of property2008
SqFt~4240 SqFt
Lot Size-
Parking Spaces12
MLS ®Number10314185
Community NameNorth Okanagan
Data SourceCREA
Listing byeXp Realty (Kelowna)

Features

Heating: Baseboard heaters, Electric, See remarks

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

May 23, 2024
ListedActive
$1,375,000
344 days on market
history photo preview53
Listing by crea®
Property listed by eXp Realty (Kelowna), Brokerage
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