2777 KLO Road
Kelowna, British Columbia V1W4A5

$16,000,000

ID# 10300938
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:3942)
Courtesy of RE/MAX Kelowna

Listed on: November 29, 2023

On market: 140 days
Half Bathrooms Total 0
Year Built 1985
Request a Showing
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL
Sending
2777 KLO Road

Louise Levesque

Real Estate Advisor

 

MOBILE (250) 864-5218

Louise@LouiseLevesqueRealEstate.ca


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.

 

powered by WEBKITS