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MLS® 10371514 |
Shuswap
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:60457)
| Property Type | Hospitality / Other |
Asking Price | $2,950,000 |
Land Size Price per Land SqFt | 5.11 ac (222,592 sqft) $13.25 |
| Property Taxes | $16,982 |
| PID | 008-545-944 |
| Seller's Agent | Coldwell Banker Executives Realty |
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| ✓ View (Lake view, Mountain view, View (panoramic)) | ✓ Family Oriented |
| ✓ High Traffic Area |
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Sign in| Year | Total | Land | Impr. | YoY Change | Taxes |
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The displayed rates are provided as guidance only, are not guaranteed, and are not to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.
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