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$2.5M total
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Asset Class
Hospitality
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
100%
Lot Size
5.11 ac
Seller will consider Vendor Financing with a strong covenant and down payment. Prime Shuswap Investment; Motel, Pub & Development Potential situated on 5.11 acres with approximately 450 feet of Trans-Canada Highway frontage, approximately 3.5 acres undeveloped land. Offering a rare combination of income, lifestyle, and future development potential in the heart of the beautiful Shuswap region. The property features a 22-unit motel, with 10 units recently renovated to include kitchenettes. These renovated units are fully occupied with long-term tenants, providing immediate and stable revenue. Complementing the motel is the popular Copper Island Bar & Grill, offering 116 seats with 4 pool tables and serving both locals and highway travelers. A three-bedroom manager’s suite provides convenient on-site living or staff accommodation. Additional attractions include a charming A-frame cabin currently used as an ice cream shop and an on-site mini-golf course, adding seasonal income and family-friendly appeal. Zoned C1 and includes approximately 3.5 acres of undeveloped land, presenting significant upside for expansion, redevelopment, or additional commercial uses (subject to approvals). A paved parking lot ensures ease of access for guests and patrons. The Shuswap is renowned for its four-season appeal, pristine lakes, outdoor recreation, and steady flow of both tourists and long-term residents, making this an exceptional income and lifestyle investment. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$181K
Annual cash flow
$43K
Cash-on-cash
5.70%
DSCR
1.31
Going-in cap
7.25%
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
81,053
Households
30,773
Median income
$101,500
Median age
33.1
Daytime population
132,248
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1277 Trans Canada Highway, Sorrento.
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.