$2,969,000
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:50889)
Property Details
MLS® Number
10304530
Neigbourhood
Lake Country East / Oyama
Amenities Near By
Golf Nearby, Airport, Park, Recreation, Schools, Shopping
Features
Cul-de-sac, Level Lot, Corner Site
Parking Space Total
12
Road Type
Cul De Sac
View Type
View (panoramic)
Building
Bathroom Total
4
Bedrooms Total
5
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Constructed Date
1993
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick, Vinyl Siding
Fireplace Fuel
Gas
Fireplace Present
Yes
Fireplace Type
Unknown
Flooring Type
Carpeted, Ceramic Tile, Linoleum
Heating Type
Forced Air, See Remarks
Roof Material
Asphalt Shingle
Roof Style
Unknown
Stories Total
2
Size Interior
2528 Sqft
Type
House
Utility Water
Well
Land
Access Type
Easy Access
Acreage
No
Fence Type
Fence
Land Amenities
Golf Nearby, Airport, Park, Recreation, Schools, Shopping
Landscape Features
Landscaped, Level
Sewer
Municipal Sewage System
Size Frontage
110 Ft
Size Irregular
0.62
Size Total
0.62 Ac|under 1 Acre
Size Total Text
0.62 Ac|under 1 Acre
Zoning Type
Unknown