950 LAKESHORE DRIVE W Penticton, British Columbia MLS# 177099

$ 4,900,000

Description

The Crown Resort Motel, steps away from the popular sandy beach of Okanagan Lake, provides the opportunity to own/operate the 1-acre semi-lake shore motel property “as is” or to redevelop it. The 30-unit motel consists of one two-storey & single storey motel buildings, & a 2100 sq.ft. restaurant. An 1800 sq.ft. beautiful owner’s suite with a stunning lake view is located above the office. The 80-seat Mexican restaurant is currently leased out & the perfectly located restaurant lakefront patio seating attracts both locals & vacationers alike. The on site, in-ground heated pool makes the motel a popular vacation destination. The fun does not stop here, the motel is located close to the River Channel, Casino, Trade and Convention Center, golf courses, wineries & ski hills. Be here for the annual Penticton’s Fest of Ale, Elvis Festival, Peach Festival, Triathlon, Jazz Festival, Spring & Fall Wine Festivals. Information should not be relied upon without independent verification. (id:22688)

Overview

WaterMunicipal water
SewerMunicipal sewage system
HeatingElectric
Listing Office:Fair Realty

Features

ViewLake view

Location

The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.