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Marcella Williams
realtor phone number 778-859-9274 agent realty Fair Realty
$4,900,000

950 LAKESHORE DRIVE W, Penticton

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Listing ID: 177099
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6 months ago
Property Description
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:26452)

Other located at 950 LAKESHORE DRIVE W. 950 LAKESHORE DRIVE W is in the Penticton neighborhood. PE Columbia/Duncan , PE Wiltse/Valleyview , and Penticton are nearby neighbourhoods.


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Listed By
KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE
Fair Realty

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General Listing Info
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Detailed Property Facts
Mortgage Estimation
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20% down payment
$17,168
per month
35% down payment
$13,949
per month
50% down payment
$10,730
per month
Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders
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$16823.80
Monthly
Property Price
$
Payment Years
Years
Downpayment %
%
Interest Rate %
%
$16823.80
Monthly
Total Mortgage: $23525
Down Payment: $3523