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3810 Casorso Road,
Lower Mission Kelowna V1W4M7

$4,995,000
Institutional - Special Purpose

Main Photo: 3810 Casorso Road, in Kelowna: Institutional - Special Purpose for sale : MLS®# 10252552
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Status:
Active
Prop. Type:
Institutional - Special Purpose
MLS® Num:
10252552
Build. Type:
Special Purpose
With more than a 5% cap rate on a 12+ acre driving range that has all the equipment and amenities paid off, you can finally afford the lifestyle you want, while making an incredible income! The current owners only operate the business 7 months a year, so there is even MORE opportunity to generate higher revenues. There is nothing for you to do, except take over the property and the business, enjoy life and make money. The patio has a liquor license along with a food and beverage license. Plus, the Kelowna Driving Range is powered by Toptracer, featuring 16 covered and lit Toptracer bays and 14 additional bays that attracts golfers of all ages. The business also includes an 18 hole championship mini golf course, and a bentgrass putting green. The range even has a cleaning system that brings the range balls back to the tee box area. Plus there is a completely renovated home and pro shop. This is an entertainment facility that you live at with revenues growing year after year. Seller will consider carrying a first mortgage. Also listed as MLS #10252554 (id:2493)
Property Type:
Institutional - Special Purpose
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Lower Mission, Kelowna Driving Range
View:
Mountain view
Building Type:
Special Purpose
Age:
30 years
Fireplace:
No
Water:
Drilled Well
Sewer:
Septic System
Acreage:
Yes
Lot Size:
12.027 acre(s)
Lot Size:
12.027 ac|10 - 50 acres
Lot Details:
12.027
Surface Water:
Well(s)
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Data was last updated August 11, 2022 at 09:45 AM (UTC)

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