14810 Pelmewash Parkway

Other For Sale in Lake Country, British Columbia

$2,350,000
8.03% CAP RATE!!!! Tremendous investment opportunity! Own your own lakeside RV park, enjoy a great monthly income and a lifestyle that's second to none. Located on the west shore of Wood Lake, the Sage Valley Campground & RV Park offers more than 2 acres of semi-lakeshore property, a long-established business model and loads of potential revenue streams. Conveniently located along the Okanagan Rail Trail and directly across the street from the lake - walk, ride, swim, paddle & boat steps from this amazing property! C-9 Tourist Commercial Zoning permits a convenience store, boat/bicycle/paddleboard rentals, restaurant and more! The zoning would even facilitate the construction of a motel or hotel if you wanted to repurpose the property. This is a unique opportunity to own a rare and special property that shows good ROI and future development potential. Please contact the listing agent for a complete info package - signed NDA required. (id:4069)
Address 14810 Pelmewash Parkway
List Price $2,350,000
Property Type Other
Type of Dwelling Other
Area British Columbia
Sub-Area Lake Country
Lot Size 2.62 Sq. Ft.
Year Built 1950
MLS® Number 10306429
Listing Brokerage FaithWilson Christies International Real Estate
Postal Code V4V2G6
Site Influences Recreation, Schools
Features Irregular lot size

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