Seller will consider Vendor Financing with a strong covenant and down payment. Prime Shuswap Investment; Motel, Pub & Development Potential situated on 5.11 acres with approximately 450 feet of Trans-Canada Highway frontage, approximately 3.5 acres undeveloped land. Offering a rare combination of income, lifestyle, and future development potential in the heart of the beautiful Shuswap region. The property features a 22-unit motel, with 10 units recently renovated to include kitchenettes. These renovated units are fully occupied with long-term tenants, providing immediate and stable revenue. Complementing the motel is the popular Copper Island Bar & Grill, offering 116 seats with 4 pool tables and serving both locals and highway travelers. A three-bedroom manager’s suite provides convenient on-site living or staff accommodation. Additional attractions include a charming A-frame cabin currently used as an ice cream shop and an on-site mini-golf course, adding seasonal income and family-friendly appeal. Zoned C1 and includes approximately 3.5 acres of undeveloped land, presenting significant upside for expansion, redevelopment, or additional commercial uses (subject to approvals). A paved parking lot ensures ease of access for guests and patrons. The Shuswap is renowned for its four-season appeal, pristine lakes, outdoor recreation, and steady flow of both tourists and long-term residents, making this an exceptional income and lifestyle investment. (id:13843)
| MLS # | 10371514 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Days On Site | 255 |
| Listing Provided By | Coldwell Banker Executives Realty | William Hubbard |
| Acreage | 5.11 |
|---|---|
| Property View | Lake view, Mountain view, View (pa |
| Tax Annual Amount | 16981.79 |
|---|
| Province | BC |
|---|---|
| City | Sorrento |
| Postal Code | V0E2W0 |
| Listing VS Median (in V0E2W0) | |
Price: $2,500,000 low | high Med: $772,000 On site: 255 low | high Med: 272 | |
| Province | BC |
|---|---|
| City | Sorrento |
| Postal Code | V0E2W0 |
| Listing VS Median (in V0E2W0) | |
Price: $2,500,000 low | high Med: $772,000 On site: 255 low | high Med: 272 | |