Exceptional investment opportunity: Positioned prominently at the junction of Highway 97 and Highway 3, this expansive property spans nearly 2 acres. Currently operating as the Westridge Motel, it boasts flexible zoning that accommodates a variety of potential uses, from its current motel setup to redevelopment opportunities. Recently refurbished, the motel offers 32 updated rooms featuring new air conditioning, stylish laminate flooring, and tasteful decor. A newly added restaurant on-site provides an additional revenue stream, particularly beneficial during the lively summer season. A 6000 sqft pub, currently undergoing renovations and set to open in mid-summer, further enhances the property's amenities. Plans include expanding the motel with an additional 20 rooms on a second level, utilizing available floor space. Additional!, there's a three-bedroom house suitable for rental income and a spacious two-bedroom Manager's Suite tucked behind the Motel Office. (id:4069)
| Address |
9913 Highway 3 |
| List Price |
$4,900,000 |
| Property Type |
Hospitality |
| Type of Dwelling |
Other |
| Area |
British Columbia |
| Sub-Area |
Osoyoos |
| Lot Size |
1.95 Sq. Ft. |
| Year Built |
1968 |
| MLS® Number |
10317894 |
| Listing Brokerage |
YPA Your Property Agent
|
| Postal Code |
V0H1V2 |
