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1681 Sugar Lake Road Unit# 67 Cherryville, British Columbia V0E 2G2

Other, Bungalow, Contemporary, Log House/cabin, Split Level Entry Fireplace Baseboard Heaters, See Remarks

$1,375,000

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:27192)

Property Details

MLS® Number 10314185
Property Type Multi-family
Neigbourhood Cherryville
CommunityFeatures Rentals Allowed
Features Balcony, Three Balconies
ParkingSpaceTotal 12
ViewType Lake View, Mountain View, Valley View, View Of Water, View (panoramic)

Building

ArchitecturalStyle Other, Bungalow, Contemporary, Log House/cabin, Split Level Entry
ConstructedDate 2008
ConstructionStyleSplitLevel Other
FireProtection Smoke Detector Only
FireplaceFuel Gas
FireplacePresent Yes
FireplaceType Unknown
HeatingFuel Electric
HeatingType Baseboard Heaters, See Remarks
StoriesTotal 1
Type Multi-family
UtilityWater Well

Land

Acreage No
Sewer See Remarks
SizeIrregular 0.22
SizeTotal 0.22 Ac|under 1 Acre
SizeTotalText 0.22 Ac|under 1 Acre
SurfaceWater Lake
ZoningType Commercial

https://www.realtor.ca/real-estate/26932986/1681-sugar-lake-road-unit-67-cherryville-cherryville

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