9913 Highway 3 Osoyoos, British Columbia V0H 1V2
$4,900,000
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:59116)
Property Details
MLS® Number | 10317894 |
Property Type | Hospitality |
Neigbourhood | Osoyoos |
Building
ConstructedDate | 1968 |
Type | Other |
UtilityWater | Municipal Water |
Land
Acreage | Yes |
Sewer | Municipal Sewage System |
SizeIrregular | 1.95 |
SizeTotal | 1.95 Ac|1 - 5 Acres |
SizeTotalText | 1.95 Ac|1 - 5 Acres |
ZoningType | Unknown |
https://www.realtor.ca/real-estate/27085496/9913-highway-3-osoyoos-osoyoos
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Ravi Cheema
201 - 13049 76 Avenue
Surrey, British Columbia V3W 2V7