Business For Sale · Land

346 HWY 97, Kaleden

346 HWY 97, Kaleden, BC V0H1K0

$2.5M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

Year Built

1981

Lot Size

4.49 ac

About this property

HIGH TRAFFIC LOCATION! Picturesque 4.49-acre property boasting a lovely updated home, Farm Gate Winery, fruit stand, and a retail area. Enjoy stunning lake and mountain views in Kaleden, just 8 minutes from Penticton. This property has 500 feet of highway frontage and a 3 bedroom, 2 bathroom home with many upgrades including new paint, geothermal heating, cooling unit, and a spacious deck. The turn-key winery features Fruit wine as well as Pinot Gris, Merlot vintages, plus state of the art equipment, bottling and canning processes. Well appointed 1,500 sq ft wine tasting room with a spacious patio where customers can sip wine while enjoying the views of Skaha Lake. Bonus - all equipment and inventory included. Embrace the serenity and potential of this unique property, ideal for those seeking a blend of lifestyle and business opportunities. The seller is open to trade. Measurements taken from i-Guide. Call listing agent today for a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $749K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$124K

Annual cash flow

$-14K

Cash-on-cash

-1.90%

DSCR

0.90

Going-in cap

4.97%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

114,635

Households

48,278

Median income

$89,500

Median age

42.5

Daytime population

175,907

5-yr growth

4.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 346 HWY 97, Kaleden.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.