$1,375,000
FOR SALE

Multiplex Log House/Cabin

1681 Sugar Lake Road #67
Cherryville, BC V0E 2G2

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:47421)
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Listed By eXp Realty (Kelowna)
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10314185
Last Updated May 23, 2024
Property Summary
Property Type Multiplex

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Neighbourhood Cherryville
Price History

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Detailed Information
Community Features Rentals Allowed
Features Balcony, Three Balconies
Listing Contract Date 2024-05-10
Municipal ID 026-301-288
Ownership Type Freehold
# of Parking Spaces 12
Property Type Multi-family
Transaction Type For sale
Views Lake view, Mountain view, Valley view, View of water, View (panoramic)
Zoning Commercial
Building
Architectural Style Other, Bungalow, Contemporary, Log house/cabin, Split level entry
Constructed Date 2008
Construction Style (Split Level) Other
Fire Protection Smoke Detector Only
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Type Unknown
Heating Fuel Electric
Heating Type Baseboard heaters, See remarks
Stories Total 1
Type Multi-Family
Utility Water Well
Land
Total Size 0.22 acres
Sewer See remarks
Size of Irregular Land 0.22
Surface Water Lake

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