Address
110 Riverside Drive, Penticton, BC
Price
$ 5,900,000
Property Attributes
  • ID#10241463
  • TypeCommercial
  • CityPenticton
  • NeighbourhoodMain North
  • Postal CodeV2A 5Y4
  • StyleRecreational
  • Price$ 5,900,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Larry Berisoff with RE/MAX Kelowna
Data Source:
RLP - CREA EN
Property Description

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:27)

Exterior Features

Jumpid 16361062
Mls 10241463

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V2A 5Y4

Price
AVG $5.9M
$5.9M
Visits
AVG 60
59
Year Built
AVG 1964
1964
Walkscore
AVG 30
30
Data Provided by Walkscore ® not using MLS data