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1681 Sugar Lake Road Unit# 67, Cherryville
2024-05-23
Quick Summary
MLS®#10314185
Property Description
This is an ideal family business that operates year-round in recreational commercial zoning which allows for a dwelling for the owner, manager or employee of the operation. Sugar Lake timber frame log home featuring 5 suites is a great buying opportunity as an investment property, restaurant, or residential mortgage Helper in this pristine tourist area. The 1600 sq. foot main floor could be converted into more suites, a single suite, or partitioned off to include dwelling unit(s) while keeping the turn-key restaurant. Let your imagination make the most of this unique and popular property which is located on the Sugar Lake recreational properties development. Spend your summers on the lake and your winters on sleds in the crown land nearby. The fully Furnished Penthouse and 4 studio kitchenette/bedroom Suites can be rented year-round for extra income while you live and/or work on the main floor. Let your imagination place you in this attractive Lodge in a rare lake setting with large decks and gorgeous mountain and lake views. Boat slips, satellite internet available as well as the opportunity to take over the management contract for the whole 67 lot development. School, shopping and golf in nearby Cherryville, North Okanagan. Suite appliances and furniture included. Commercial kitchen equipment also included. Sellers may be willing to consider some financing, if needed, or trade for other property. Monthly Maintenance. Fee only $246.73 (2023). (id:32467)
Property Features
Building
- Architectural Style: Other, Bungalow, Contemporary, Log house/cabin, Split level entry
- Fireplace: Yes
- Building Type: Multi-Family
- Stories: 1
- Utility Water: Well
Features
- Feature: Balcony, Three Balconies
Land
- Land Size: 0.22 ac|under 1 acre
- Sewer: See remarks
Ownership
- Type: Freehold
Information entered by eXp Realty (Kelowna)
Listing information last updated on: 2024-09-02 17:59:31
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