110 Riverside Drive,

Penticton, British Columbia V2A5Y4

$5,900,000

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:3942)
ID# 10241463
Courtesy of RE/MAX Kelowna

Listed on: October 11, 2021

On market: 14 days
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Baseboard heaters

Year Built 1964
Heating Type Baseboard heaters
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