Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Details
Address | 2611 Lakeshore Road |
Area | North Okanagan |
Sub Area | OL - Okanagan Landing |
State/Province | British Columbia |
Country | Canada |
Price | $998,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 1809 Square Feet |
Lot Size | 0.40 Acres |
Waterfront | No |
Year Built | 1975 |
Taxes | $2,952 |
Tax Year | 2022 |
MLS® # | 10316572 |
Introducing an unparalleled investment opportunity nestled along Lakeshore Road in Vernon, poised directly across the picturesque expanse of Lake Okanagan. This prime real estate gem boasts an existing rental property, with tenants occupying both upper and lower units, ensuring immediate revenue streams. However, the true allure & potential lies in its zoning designation for "Tourist Commercial and Residential," unlocking a multitude of development possibilities limited only by your imagination. Whether envisioning a boutique lakeside retreat, charming bed-and-breakfast, or contemporary residential complex, this property offers the canvas upon which to paint your dream investment. Elevate your portfolio with this rare chance to own a slice of lakeside paradise, perfectly positioned for both profit and pleasure. The enchanting vistas of Lake Okanagan serve as a captivating backdrop for any venture, promising not only financial rewards but also the satisfaction of enriching the local community. With its strategic location and versatile zoning, this property stands as a beacon of opportunity in the heart of Vernon's thriving real estate market. Seize the moment to transform visions into reality and secure your stake in this dynamic investment landscape.
Listed by COLDWELL BANKER EXECUTIVES REALTY
Location
About
Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.
After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.
Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.
Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.