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9913 Highway 3 Osoyoos, British Columbia V0H 1V2

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Acreage

$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:52811)

Property Details

MLS® Number 10317894
Property Type Hospitality
Neigbourhood Osoyoos

Building

Constructed Date 1968
Type Other
Utility Water Municipal Water

Land

Acreage Yes
Sewer Municipal Sewage System
Size Irregular 1.95
Size Total 1.95 Ac|1 - 5 Acres
Size Total Text 1.95 Ac|1 - 5 Acres
Zoning Type Unknown

https://www.realtor.ca/real-estate/27085496/9913-highway-3-osoyoos-osoyoos