Investment Property
Available
Okanagan Falls Beach Motel
5133 7 Avenue, Okanagan Falls, BC V0H 1R9 Canada
Building Size
57,499 SF
Lot Size
57,499 SF / 1.32 Acres
Built
1967
Building Size
57,499 SF
Lot Size
57,499 SF / 1.32 Acres
Built
1967
OVERVIEW
Cushman & Wakefield and Venture Commercial are pleased to present Holiday Beach Resort Motel, an exceptional hospitality investment and redevelopment opportunity in the heart of the South Okanagan.
Ideally situated across from the sandy shores of Skaha Lake, the property is a well-maintained beachfront motel featuring 24 guest suites, most equipped with private ensuites and kitchenettes, making it an attractive destination for both short-term and extended-stay visitors.
The property also includes an on-site caretaker residence, providing added convenience for owners and operators. Situated on a generous 1.32-acre site, the asset offers significant redevelopment potential, with excess land along the southern portion of the property that may accommodate additional density, subject to municipal approvals.
Currently leased to an experienced hospitality operator, the property provides immediate income while offering investors the flexibility to capitalize on its long-term value and redevelopment potential.
Ideally situated across from the sandy shores of Skaha Lake, the property is a well-maintained beachfront motel featuring 24 guest suites, most equipped with private ensuites and kitchenettes, making it an attractive destination for both short-term and extended-stay visitors.
The property also includes an on-site caretaker residence, providing added convenience for owners and operators. Situated on a generous 1.32-acre site, the asset offers significant redevelopment potential, with excess land along the southern portion of the property that may accommodate additional density, subject to municipal approvals.
Currently leased to an experienced hospitality operator, the property provides immediate income while offering investors the flexibility to capitalize on its long-term value and redevelopment potential.
Details
- Building Size:
- 57,499 SF
- Sale Price:
- $3,520,000 CAD
- Price Per Unit:
- $61.22 / CAD
- Lot Size:
- 57,499 SF / 1.32 Acres
- Year Built:
- 1967