Richter Pass Motor Inn, Osoyoos, BC

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Location:
7504 & 7506 Main Street, Osoyoos, BC

Opportunity:
Richter Pass Motor Inn represents an opportunity to acquire a waterfront development site with holding income from the motel guest rooms and suites, in one of the most desirable locations on Osoyoos Lake with approximately 270 feet of sandy beach frontage.

Zoning:
C-4 Tourist Commercial     

Site Size:
+/- 1.14 Acres

Improvements:
There are a total of four buildings located on the property: two motel buildings, a newer condominium building and a Mexican restaurant, which is currently being used as an activity room. There are a total of 49 motel rooms and suites which underwent significant renovations in 2005 & 2009 which allows for holding income to be maintained for a number of years.

Exposure:
Given its location, the property offers views of the lake from both the front and back of the property making it ideal for development to a higher and better use.

Asking Price:
$ 4,280,000.00

Contact:
For further information, please contact:
Marty Dohm
mdohm@chrealtyadvisors.com
Tel: 604-609-6091

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