1681 Sugar Lake Road Unit# 67
Cherryville, British Columbia V0E2G2

$1,375,000

ID# 10314185
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:3942)
Courtesy of eXp Realty (Kelowna)

Listed on: May 10, 2024

On market: 120 days
Half Bathrooms Total 0
Year Built 2008
Heating Type Baseboard heaters, See remarks
Heating Fuel Electric
Stories Total 1
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Fran Morash

B.A. Economics.

REALTOR®

Direct: 250-864-4537

franmorash@royallepage.ca

Royal LePage West Kelowna

11-2475 Dobbin Rd

West Kelowna, BC V4T 2E9

250-864-4537

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