1045 Highway 97
Okanagan Falls, British Columbia
MLS® 10393492
$3,080,000
- Status
- Active
- Property type
- Hospitality
- MLS® number
- 10393492
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 11Listing description
Rare opportunity to acquire a fully leased hospitality investment in the heart of Okanagan Falls. This established 18-room hotel and restaurant has been a fixture in the community for years and offers immediate income with an existing lease in place. Situated on a 0.
589-acre parcel with outstanding frontage on Highway 97, the South Okanagan's primary transportation corridor, the property benefits from excellent visibility and year-round exposure. The hotel rooms have been recently renovated with updated furnishings, enhancing the property's appeal and long-term value. With Okanagan Falls expected to become an incorporated municipality in October 2026, the community is entering an exciting period of growth and investment.
Highlights: • Fully leased investment property with immediate cash flow • Established hotel and restaurant • 18 renovated guest rooms • 0. 589-acre site • Prime Highway 97 location with excellent exposure
Property summary
- MLS® number
- 10393492
- Property type
- Hospitality
- Building type
- Other
- Land size
- 0.59 acres
- Days on market
- 58 days
What would this home cost you?
Based on the $3,080,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Venture Realty Corp., Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. 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.