DEVELOPMENT OPPORTUNITY! Boutique Hotel Site for sale, fully re-zoned C9A tourist commercial. Feasibility study and renderings available for a 4-storey, 28 unit building. Plans include seven 430 sqft studio units, eight 550 sqft 1 bedroom units, and fifteen 800 sqft 2 bedroom units, with 28 open parking stalls. There is a possibility to add an additional 2-storeys with a variance and some design modifications. This large 0.62 flat lot offers approximately 110’ frontage on Turtle Bay Court, and 253’ frontage on Woodsdale Road, a main corridor in Lake Country. Currently situated on site is a 2,528 sqft, 5 bedroom, 4 bathroom, 1994 home with an included 2 bedroom legal suite. There are very few hotel/short term options in this fast-growing area. Lake Country is perfectly positioned near Wood and Kal Lakes and with convenient access to Kelowna Airport, UBCO and a gateway to both the North and Central Okanagan. With a planned senior care facility next door and extensive multi-family development in the neighbourhood, this area is poised to see rapid growth, which should provide good support to this project. (id:4069)
| Address |
11506 Turtle Bay Court |
| List Price |
$2,350,000 |
| Property Type |
Hospitality |
| Type of Dwelling |
Other |
| Area |
British Columbia |
| Sub-Area |
Lake Country |
| Floor Area |
2,528 Sq. Ft. |
| Lot Size |
0.62 Sq. Ft. |
| MLS® Number |
10322559 |
| Listing Brokerage |
Oakwyn Realty Ltd.
|
| Postal Code |
V4V1X9 |
| Site Influences |
Golf Nearby, Airport, Park, Recreation, Schools, Shopping |
| Features |
Cul-de-sac, Level lot, Corner Site |
