2611 Lakeshore Road, Vernon | $998,000

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.

Description

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.

General Info


MLS Listing ID: 10316572 Bedrooms: 4 Bathrooms: 2 Year Built: 1975
Parking: See Remarks Heating: Baseboard heaters Lotsize: 0.4 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 .