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Unit #201 & 202, 1070 Lakeshore DriveW
Penticton
Update on 2023-07-04 10:05:04 AM
$4,250,000
6
BEDROOMS
5 + 0
BATHROOMS
6105
SQUARE FEET
2009
YEAR BUILT
MLS® Number
10320079
PROPERTY TYPE
Residential
LISTING DATE
2024-07-16
An exciting premium investment opportunity in a bustling tourist area, offering income-producing potential and a versatile property for the discerning buyer. Prime location directly across the street from Okanagan Lake and the beach, within walking distance of top attractions. For sale are 2 strata units: a licensed 4-bedroom inn with shared living and kitchen spaces, a 4-bedroom vacation home, and 2 additional suites with private entrances. There are 10 bedrooms and 11 baths in total: Unit 201 has 5 bedrooms & 6 baths and Unit 202 features 5 bedrooms & 5 baths. C3 Mixed Commercial zoning allows for a multitude of uses, offering many opportunities for a buyer. Both units are currently licensed as a Bed & Breakfast Inn, with potential to apply for short-term rental business license. Numerous patio areas provide guests a place to relax and enjoy breathtaking views of the lake and mountains. Designed in a distinctive Pueblo Revival/Santa Fe style, the property features impressive 20-ft high ceilings and 16-ft high fireplaces. Spacious locked garages offer secure storage for bikes, kayaks, and ski equipment. Each strata unit comes with a single-car garage and an additional parking stall in the driveway. 1070 Lakeshore Dr is comprised of 3 commercial strata units in total - the 2 units listed for sale, as well as a 3,407 SF main floor retail unit. Potential to also purchase the main floor unit to acquire 100% ownership of the building. Contact listing agent for more info.
(403) 271-0600
| COMMUNITY | PE - Main North |
| TYPE | Residential |
| STYLE | |
| YEAR BUILT | 2009 |
| SQUARE FOOTAGE | 6105.0 |
| BEDROOMS | 6 |
| BATHROOMS | 5 |
| BASEMENT | |
| FEATURES |
| GARAGE | No |
| PARKING | |
| ROOF | |
| LOT SQFT | 0 |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Master Bedroom | ||
| Second Bedroom | ||
| Third Bedroom | ||
| Dining Room | ||
| Family Room | ||
| Kitchen | ||
| Living Room |
INTERIOR
EXTERIOR
Broker
Unison HM Commercial Realty
Agent