$16,000,000
The Orchard Greens Golf Club; 31.43 acres of land with an operating 9-hole, mid-length BCGA rated course that is uniquely nestled amidst a working Okanagan Orchard. Fairways and greens are carved through the trees, leaving naturally decorative thickets and creating a challenging combination of par 3’s, 4’s and with a singularly magnificent par 5. In the offering is 2.75 acres of C1-zoned (Neighborhood Commercial) zoned land, and several commercial structures. The buildings of McCulloch Station Pub, McCulloch Beer & Wine, Bunkhouse Desi Junction, an autobody shop, fruit stand, and multiple tenanted residences are included. These buildings are leased, with a mixture of long and short term leases to create both stable income and long-term upside. The businesses themself are NOT included in the sale. The entirety of the property is within the Agricultural Land Reserve and apart from the 2.75 acres of C1-zoned land, the remainder is zoned P3 (Institutional, Parks and Open Space). Future land use is a mix of Neighborhood Commercial and Private Recreational. This is a spectacular offering for an established golfing operator looking at acquiring one of the best-located golf courses in town with additional commercial upside, or an investor looking at a different use of the land but wants the cash flow from the tenancies. Please inquire for an NDA and to receive more information about this offering. (id:50889)
Property Details
MLS® Number
10300938
Neigbourhood
South East Kelowna
Parking Space Total
20
View Type
City View, Lake View, Valley View
Water Front Type
Waterfront On Pond
Building
Constructed Date
1985
Roof Material
Asphalt Shingle
Roof Style
Unknown
Size Interior
7160 Sqft
Type
Other
Utility Water
Municipal Water
Land
Acreage
Yes
Sewer
Septic Tank
Size Irregular
31.43
Size Total
31.43 Ac|10 - 50 Acres
Size Total Text
31.43 Ac|10 - 50 Acres
Surface Water
Ponds
Zoning Type
Unknown