5501 Main Street
Osoyoos, British Columbia
MLS® 10403470
$3,200,000
- Status
- Active
- Property type
- Hospitality
- MLS® number
- 10403470
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 2Listing description
Unique investment and redevelopment opportunity offered as a 100% share sale. Situated on approximately 1. 611 acres, this two-storey property was built in 1985 and includes 9 accommodation units, a lounge, swimming pool and 2 hot tubs, currently not operational.
The property also features spacious manager’s living quarters with 3 bedrooms and 2 bathrooms, plus a living room and kitchenette. Additional space includes a large game/party room. Kitchenette accommodation is currently rented for approximately $1,200 per month.
The business is currently closed and the property requires a full renovation, creating an opportunity to reposition or redevelop the property. Potential uses may include a wellness centre, massage or yoga retreat, boutique hotel, short-term accommodation/Airbnb concept, or other hospitality-related use, subject to zoning and applicable approvals. No financial statements are available.
Estate sale.
Property summary
- MLS® number
- 10403470
- Property type
- Hospitality
- Building type
- Other
- Title
- Freehold
- Days on market
- 20 days
What would this home cost you?
Based on the $3,200,000 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 Royal LePage Westside Klein Group, Vancouver.
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.