$ 3,200,000 – 5501 Main Street

0 BR / 0 BA Hospitality – Osoyoos

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. (id:6769)