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Main Photo: 950 LAKESHORE DRIVE W in Penticton: Business for sale : MLS®# 177099
Photo 1: 950 LAKESHORE DRIVE W in Penticton: Business for sale : MLS®# 177099
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Status:
Active
Prop. Type:
Business
MLS® Num:
177099
Bus Major:
Accommodation
Bus Minor:
Motel
The Crown Resort Motel, steps away from the popular sandy beach of Okanagan Lake, provides the opportunity to own/operate the 1-acre semi-lake shore motel property "as is" or to redevelop it. The 30-unit motel consists of one two-storey & single storey motel buildings, & a 2100 sq.ft. restaurant. An 1800 sq.ft. beautiful owner's suite with a stunning lake view is located above the office. The 80-seat Mexican restaurant is currently leased out & the perfectly located restaurant lakefront patio seating attracts both locals & vacationers alike. The on site, in-ground heated pool makes the motel a popular vacation destination. The fun does not stop here, the motel is located close to the River Channel, Casino, Trade and Convention Center, golf courses, wineries & ski hills. Be here for the annual Penticton's Fest of Ale, Elvis Festival, Peach Festival, Triathlon, Jazz Festival, Spring & Fall Wine Festivals. Information should not be relied upon without independent verification. (id:2493)
Property Type:
Business
Transaction Type:
For sale
Amenities:
Recreation, Public Transit, Golf Course, Airport, Ski area, Shopping, Schools
Features:
Central location, Flat site
Pool Type:
Outdoor pool
Community Features:
High Traffic Area
View:
Lake view
Waterfront:
Waterfront on lake
Major Business Type:
Accommodation, Other
Minor Business Type:
Motel, Mixed - IC&I
Power Type:
Three Phase
Construction Material:
Wood frame, Concrete block
Fireplace:
No
Heating:
Forced air
Heating Fuel:
Electric
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Recreation, Public Transit, Golf Course, Airport, Ski area, Shopping, Schools
Road Access:
Easy access
Landscape Features:
Landscaped
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Listed by Fair Realty
Data was last updated April 26, 2019 at 12:45 PM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$530,800
Min list price:
$74,900
Max list price:
$10,500,000
Avg days on market:
100
Min days on market:
9
Max days on market:
343
These statistics are generated based on the current listing's property type and located in Penticton. Average values are derived using median calculations.
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.