11506 Turtle Bay Court, Lake Country, British Columbia, V4V 1X9

$2,750,000

MLS® # 10315599

Commercial For Sale In Lake Country, British Columbia

$2,750,000

Property Information:

DEVELOPMENT OPPORTUNITY! Boutique Hotel Site for sale, fully re-zoned C9A tourist commercial. Feasibility study and renderings available for a 4-storey, 28 unit building. Plans include seven 430 sqft studio units, eight 550 sqft 1 bedroom units, and fifteen 800 sqft 2 bedroom units, with 28 open parking stalls. There is a possibility to add an additional 2-storeys with a variance and some design modifications. This large 0.62 flat lot offers approximately 110’ frontage on Turtle Bay Court, and 253’ frontage on Woodsdale Road, a main corridor in Lake Country. Currently situated on site is a 2,528 sqft, 5 bedroom, 4 bathroom, 1994 home with an included 2 bedroom legal suite. There are very few hotel/short term options in this fast-growing area. Lake Country is perfectly positioned near Wood and Kal Lakes and with convenient access to Kelowna Airport, UBCO and a gateway to both the North and Central Okanagan. With a planned senior care facility next door and extensive multi-family development in the neighbourhood, this area is poised to see rapid growth, which should provide good support to this project. (id:27)

Building Features:

  • Style: Business
  • Building Type: Other
  • Exterior Finish: Brick, Vinyl siding
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Hospitality
  • Access Type: Easy access
  • Amenities Nearby: Golf Nearby, Airport, Park, Recreation, Schools, Shopping
  • Features: Cul-de-sac, Level lot, Corner Site
  • Fence Type: Fence
  • Landscape Features: Landscaped
  • Lot Frontage: 110.0 Feet
  • Road Type: Cul de sac
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Attached garage, RV
  • No. of Parking Spaces: 12

Courtesy of: Oakwyn Realty Ltd.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.