An exceptional opportunity to own a unique income-producing property just steps from beautiful Wasa Lake. Situated only 300 metres from public beach access and approximately 500 metres from the public boat launch and playground, this versatile property combines a comfortable owner's residence with an established 14-unit commercially licensed motel. The property features a well-maintained three-bedroom, two-bathroom home, ideal for owner occupancy or on-site management, along with a detached 20' x 40' shop offering excellent storage and workspace. The motel is currently operated as 12 long-term monthly rentals (14 doors total), providing consistent cash flow while maintaining its commercial motel licence and future flexibility. Set on a generous parcel with ample parking and additional usable land, there is excellent potential for a new owner to explore opportunities to enhance income, subject to applicable approvals. Whether through expansion of accommodations, additional amenities, or other complementary commercial uses, the property offers exciting possibilities for future growth. With Wasa Lake's sandy beaches, boating, swimming and recreational amenities just a short walk away, this is a rare opportunity to invest in one of the East Kootenays' most desirable recreational destinations. Whether you're seeking a lifestyle investment, an owner-operated business, or a property with future upside, this one deserves your attention. (id:4069)
Address
6532 Wasa Lake Park Drive
List Price
$980,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Cottage
Transaction Type
Sale
Area
British Columbia
Sub-Area
Wasa
Bedrooms
3
Bathrooms
2
Floor Area
1,514 Sq. Ft.
Lot Size
2.07 Sq. Ft.
Year Built
1955
MLS® Number
10395436
Listing Brokerage
Royal LePage Rockies West
Postal Code
V0B2K0
Ownership
Freehold
Parking Places (Total)
4
Community Features
Rentals Allowed
Heat Source
Electric
Heat Type
Forced air, See remarks
Fireplace
Yes
Number of Fireplaces
1
Number Of Floors In Building
1.5
Water Source
Well
Sewer
Septic tank
