https://www.city2cityrealty.com
2777 KLO Road, Kelowna
Kelowna
Other
$16,000,000
For sale
0 BEDS
0 BATHS
7160 sqft

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Description

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.

General Info

10300938
1985
Surfaced
31.43 ac|10 - 50 acres
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Purchase Amount $ 16,000,000
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CITY 2 CITY REAL ESTATE SERVICES
2777 KLO Road, Kelowna
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