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$2.5M total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
97%
Year Built
1981
Lot Size
4.49 ac
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 346 HWY 97, Kaleden.
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.