Office Listings

110 Riverside Drive,
Main North Penticton V2A5Y4

$5,900,000
Hospitality built: 1964

Main Photo: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 1: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 2: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 3: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 4: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 5: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 6: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 7: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 8: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 9: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 10: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 11: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 12: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 13: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 14: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 15: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 16: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Photo 17: 110 Riverside Drive, in Penticton: Hospitality for sale : MLS®# 10241463
Status:
Active
Prop. Type:
Hospitality
MLS® Num:
10241463
Year Built:
1964
I am pleased to offer the Riverside Motel, a family favorite in the Penticton accommodation scene. There are 48 units in total, with 45 being kitchen units. The current owner operates seasonally so there is plenty of opportunity to operate year around catering to snowbirds! The Riverside Motel has an amazing location! Within steps of the Okanagan Lake, Channel Parkway, Coyote Cruises River Tubing, Loco Landing Adventure Park, guests won't run out of things to do! Local shops such as Starbucks, Tim Hortons, Quality Greens are nearby. Lakeshore Drive is just around the corner, with over a kilometer of beautiful safe sandy beaches and fabulous restaurants to enjoy. This is a great opportunity to buy and hold or potentially redevelop! The current owner and only the third owner since the mid-1960s! (id:2493)
Property Type:
Hospitality
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Main North
Amenities:
Recreation, Shopping, Park
Features:
Central location, Corner Site, Visual exposure
Community Features:
High Traffic Area
Major Business Type:
Accommodation
Minor Business Type:
Motel
Building Type:
Recreational
Utilities:
Sewer - Available
Age:
57 years
Fireplace:
No
Heating:
Baseboard heaters
Roof Style:
Tar & gravel, Conventional
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Recreation, Shopping, Park
Road Access:
Easy access
Acreage:
Yes
Lot Size:
1.257 acre(s)
Lot Size:
1.257 ac|1 - 5 acres
Lot Details:
1.257
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Listed by RE/MAX Kelowna
Data was last updated October 27, 2021 at 12:45 PM (UTC)
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