$16,000,000

Commercial For Sale In Southeast Kelowna, Kelowna, British Columbia

$16,000,000

Property Information:

The Orchard Greens Golf Club; 31.43 acres of land with an operating 9-hole, mid-length BCGA rated course that is uniquely nestled amidst a working Okanagan Orchard. Fairways and greens are carved through the trees, leaving naturally decorative thickets and creating a challenging combination of par 3’s, 4’s and with a singularly magnificent par 5. In the offering is 2.75 acres of C1-zoned (Neighborhood Commercial) zoned land, and several commercial structures. The buildings of McCulloch Station Pub, McCulloch Beer & Wine, Bunkhouse Desi Junction, an autobody shop, fruit stand, and multiple tenanted residences are included. These buildings are leased, with a mixture of long and short term leases to create both stable income and long-term upside. The businesses themself are NOT included in the sale. The entirety of the property is within the Agricultural Land Reserve and apart from the 2.75 acres of C1-zoned land, the remainder is zoned P3 (Institutional, Parks and Open Space). Future land use is a mix of Neighborhood Commercial and Private Recreational. This is a spectacular offering for an established golfing operator looking at acquiring one of the best-located golf courses in town with additional commercial upside, or an investor looking at a different use of the land but wants the cash flow from the tenancies. Please inquire for an NDA and to receive more information about this offering. (id:27)

Building Features:

  • Building Type: Other
  • Floor Space: 7160 Square Feet
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Built in: 1985
  • Floor Space (approx): 7160.00 Square Feet
  • Surface Water: Ponds
  • View Type: City view, Lake view, Valley view
  • WaterFront Type: Waterfront on pond
  • Zoning Type: Unknown
  • Sewer: Septic tank
  • Parking Type: Surfaced
  • No. of Parking Spaces: 20

Courtesy of: RE/MAX Kelowna

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.