Catylist ID: #30200541
Potential Hotel Site for sale
Vacant Land for Sale
|Catylist Listing ID:||30200541|
|Property Subtypes:||Hospitality, Multi-Family, Retail|
|Gross Land Area:||2.10 Acres|
|Unit Price:||$1,238,095 Per Acre|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
Over 2 acres prime lakeview property located in West Kelowna. Great hotel site that is right next to Two Eagles Golf Course and 19 Okanagan Grill and Bar. 2 minutes from HWY 97, walking distance to all the amenities, public transit and shopping.
Official Community Plan: Mixed Use. Offered for sale 99 year prepaid lease upon registration, a 125-year lease can be negotiated. Easy to build and all services are at the lot line. It will not be available for long! Easy to build and all services are on-site. Based upon a detailed development plan the seller will consider joint venture with a qualified buyer.
No Provincial Transfer Tax (PTT) and GST exemption may apply on the sale and re-sale. Generally, a much quicker, efficient, certain development process. In commercial application the land lease can be written off as an expense.
Very save and secured investment. Home Depot and Canadian Tire are across the street on a similar land lease. Please contact listing agent for a detailed explanation.
Attachments & Media
|Regional District:||Central Okanagan|
|Property Located Between:||West Kelowna and Kelowna|
|Legal Description:||Lot 348-2 CLSR 101944 Reserve Tsinstikeptum Indian Reserve No. 9 ODYD PIN 903019007|
|Largest Nearby Street:||Highway 97|
|Highway Access:||2 minutes from Highway 97|
|Airports:||Kelowna International Airport|
|Site Description:||sloping towards the lake|
|Area Description:||Lakeview of Okanagan Lake. Close to hotels, golf course, shopping and restaurants|
|Zoning Description:||Single Family-High Density. OCP hotel or mixed-use|
|Available Utilities:||Electric, Water, Gas, Sewer, Storm Drain, Cable|
Bert Ter HorstSage Executive Group Real Estate Commercial First Member
|© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Real Estate Board of Greater Vancouver nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|