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1045 Highway 97, Okanagan Falls | $3,080,000

Rare opportunity to acquire a fully leased hospitality investment in the heart of Okanagan Falls. This established 18-room hotel and restaurant has been a fixture in the community for years and offers immediate income with an existing lease in place. Situated on a 0.589-acre parcel with outstanding frontage on Highway 97, the South Okanagan's primary transportation corridor, the property benefits from excellent visibility and year-round exposure. The hotel rooms have been recently renovated with updated furnishings, enhancing the property's appeal and long-term value. With Okanagan Falls expected to become an incorporated municipality in October 2026, the community is entering an exciting period of growth and investment. Highlights: a?? Fully leased investment property with immediate cash flow a?? Established hotel and restaurant a?? 18 renovated guest rooms a?? 0.589-acre site a?? Prime Highway 97 location with excellent exposure

Description

Rare opportunity to acquire a fully leased hospitality investment in the heart of Okanagan Falls. This established 18-room hotel and restaurant has been a fixture in the community for years and offers immediate income with an existing lease in place. Situated on a 0.589-acre parcel with outstanding frontage on Highway 97, the South Okanagan's primary transportation corridor, the property benefits from excellent visibility and year-round exposure. The hotel rooms have been recently renovated with updated furnishings, enhancing the property's appeal and long-term value. With Okanagan Falls expected to become an incorporated municipality in October 2026, the community is entering an exciting period of growth and investment. Highlights: a?? Fully leased investment property with immediate cash flow a?? Established hotel and restaurant a?? 18 renovated guest rooms a?? 0.589-acre site a?? Prime Highway 97 location with excellent exposure

General Info


MLS Listing ID: 10393492 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 0.59 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .