1681 Sugar Lake Road Unit# 67 Lot# 67

Hospitality For Sale in Cherryville, British Columbia

$1,375,000
  • 4,240 Sq. Ft.
  • Built 2008
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:4069)
Address 1681 Sugar Lake Road Unit# 67 Lot# 67
List Price $1,375,000
Property Type Hospitality
Type of Dwelling Other
Area British Columbia
Sub-Area Cherryville
Floor Area 4,240 Sq. Ft.
Lot Size 0.22 Sq. Ft.
Year Built 2008
MLS® Number 10309973
Listing Brokerage eXp Realty (Kelowna)
Postal Code V0E2G2
Site Influences Golf Nearby, Schools, Shopping
Features Level lot, Irregular lot size

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3 Percent Realty INC

4201 27th Street Vernon, BC V1T 4Y3

Office: 1-250-503-2246

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