274 Lakeshore Dr - Hospitality FOR SALE


Penticton, BC V2A 1B8
$13,000,000 CAD
274 Lakeshore Dr, Penticton, BC for Sale
$13,000,000 CAD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

274 Lakeshore Dr
Penticton, BC V2A 1B8


HIGHLIGHTS

  • Located within walking distance of Skaha Lake Beach, boosting visitor traffic
  • Positioned near restaurants, retail amenities, and major roadways for easy accessibility
  • Includes 15 guest rooms and a spacious manager’s suite for on-site living or operations
  • Potential for future redevelopment to high-rise residential or mixed-use configurations

OVERVIEW

46 room motel - many upgrades. Close to downtown and the beach.

FOR SALE DETAILS

PRICE

$13,000,000 CAD

PRICE/SF

$374 CAD /SF

# OF ROOMS

41

PRICE/ROOM

$317,073 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slumber Lodge Penticton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

CT1

APN/PARCEL ID

023-838-795

ASK ABOUT THIS PROPERTY

Amy XuInterlink RealtyMore Info

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