Bert TerHorst Kelowna Commercial Real Estate
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Bert TerHorst

Glenmore (Kelowna, British Columbia, CA - V1Y 7V6)
$4,990,000




"Motel in prime location"
 

Realty Executives of Kelowna


Bert TerHorst
 
Bert TerHorst
Email Bert
 
Phone: (250) 861-5122
Cell: (250) 317-7346
Fax: (250) 861-5722
 
Details

Address: 1891 Parkinson Way Type: Commercial Style:  Size: 23,310 sq. ft. "plus 17 units" Lot Type: Irregular Lot Size:  1.91acres  125.3ft x 242.72ft "L-shape + 306.3' x 133.6'" Taxes: $67,168.62 (2009)
 
Description

The Recreation Inn and Ponderosa Motel are located on a prime location in Kelowna, B.C. on Highway 97; the main corridor running from North to South through The Okanagan Valley. The property has access from the highway and is centrally located at the intersection Spall Road and Highway 97 close to Spall Plaza, Orchard Plaza, Orchard Park Mall, Kelowna Golf & Country club, Parkinson Recreation Centre, Restaurants, The Apple Bowl, etc.
The Recreation Inn offers 50 rooms, Seasonal outdoor pool, Year-round hot tub & sauna, Barbe-ques and covered picnic tables, Guest laundry facilities, iron & ironing boards, Ice machine & pop machine, 24-hr guest reception services, High-speed internet computer in motel lobby, Photocopier & fax services available and free parking.
The Ponderosa Motel has 125.3 feet highway frontage including 17 units. This part of the property is not fully utilized and has a redevelopment potential by changing existing motel into 6 storey hotel tower with main lobby, conference rooms plus underground parking and tie-in with existing motel.
 
P2#9222013

Information is deemed to be correct but not guaranteed.