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North Okanagan E
1681 Sugar Lake Road Unit# 67
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1681 Sugar Lake Road Unit# 67 $1,375,000
$1,375,000
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1681 Sugar Lake Road Unit# 67
Cherryville, British Columbia V0E2G2

MLS® Number: 10314185

Listing 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). (37247171)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
1
Neighbourhood Name
Cherryville
Title
Freehold
Land Size
0.22 ac|under 1 acre
Built in
2008
Annual Property Taxes
$2,400
Total Parking Spaces
12
Time on REALTOR.ca
173 days

Building

Bathrooms
Partial
0
Building Features
Features
Balcony, Three Balconies
Present Use
Community Multi-Tenant
Architecture Style
Other, Bungalow, Contemporary, Log house/cabin, Split level entry
Split Level Style
Other
Fire Protection
Smoke Detector Only
Heating & Cooling
Fireplace Fuel
Gas (Unknown)
Heating Type
Baseboard heaters, (Electric), See remarks
Utilities
Utility Sewer
See remarks
Water
Well
Neighbourhood Features
Community Features
Rentals Allowed
Parking
Total Parking Spaces
12

Measurements

Square Footage
4240 sqft

Land

Lot Features
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Other Property Information
Zoning Type
Commercial
Waterfront Features
Surface Water
Lake
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
250-307-7553
REALTOR® Website
Email
Book showing
eXp Realty (Kelowna)
1631 Dickson Ave, Suite 1100
Kelowna, British Columbia V1Y0B5
833-817-6506
Office Website

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