Description

This exceptional commercial investment property features a .29 ACRE lot with significant potential. Currently, the property includes a well-maintained 2,931.89-square-foot home, of which 1,338.5 sq ft has a lower ceiling height, leased by a local resort for staff accommodation. The home offers five bedrooms, ample common living areas, two recreational rooms, and a laundry room. Despite the size of the existing house, the lot remains largely undeveloped, providing substantial yard space that could be utilized for additional income-generating ventures. The property's commercial zoning allows for a wide range of uses, including the possibility to rezone to include a multifamily development for rental units and staff housing, both of which are in high demand in the city of Osoyoos. With its prime location, substantial lot size, and flexible commercial zoning, this property presents unlimited possibilities for future development and income generation.