1681 Sugar Lake Road Unit# 67 Lot# 67 Cherryville, British Columbia V0E 2G2
$1,375,000
This beautiful 5-suite Lodge is open Year Round for daily, weekly, biweekly and monthly accommodation bookings. Corp. and govt. stays as well as repeat vacationers know to book early to get their favourite suite, all of which are fully self-contained and furnished. The Bistro with liquor license has been closed since covid, but offers significant income potential with more families buying lots at the resort each year. The restaurant was adored by locals who came out and packed the restaurant on weekends and special occasions such as mother's day and birthdays. Romantic couples enjoyed cool evenings on the patio with propane heaters and cosy wraps while watching the moon reflect on sugar lake. There is nothing like this in the North Okanagan! With changes in BC's short-term rental, the Resort's Recreational Commercial Zoning makes it a destination of choice! Operators and caretakers can live here full-time year-round. Perfect for a family operation, this Lodge is a rare and exciting opportunity for anyone who wants rental income. The Lodge and Bistro is a 1/67th owner of the resort corporation. All RVs and homes are also share owners of the whole Resort. Private Rentals must go through the management contract which is available as an additional revenue source to owners of the Lodge. Boat slips are available for rent. The Lodge has its own septic system for the Bistro. Sugar lake is well known for fishing, swimming and boating. H.O. Maint fees only $246.73/ mo (id:52386)
Property Details
| MLS® Number | 10309973 |
| Property Type | Hospitality |
| Neigbourhood | Cherryville |
| Amenities Near By | Golf Nearby, Schools, Shopping |
| Community Features | Family Oriented, Rural Setting |
| Features | Level Lot, Irregular Lot Size |
| Parking Space Total | 12 |
Building
| Constructed Date | 2008 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, See Remarks |
| Roof Material | Steel |
| Roof Style | Unknown |
| Size Interior | 4240 Sqft |
| Type | Other |
| Utility Water | Well |
Parking
| See Remarks |
Land
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Schools, Shopping |
| Landscape Features | Landscaped, Level, Wooded Area |
| Sewer | See Remarks |
| Size Frontage | 110 Ft |
| Size Irregular | 0.22 |
| Size Total | 0.22 Ac|under 1 Acre |
| Size Total Text | 0.22 Ac|under 1 Acre |
| Zoning Type | Unknown |
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July 12 2024 11:29:37
Okanagan-Mainline Real Estate Board
Exp Realty (Kelowna)