Property Description for 2777 KLO Road
The Orchard Greens Golf Club; 31.43 acres of land with an operating 9-hole, mid-length BCGA rated course that is uniquely nestled amidst a working Okanagan Orchard. Fairways and greens are carved through the trees, leaving naturally decorative thickets and creating a challenging combination of par 3’s, 4’s and with a singularly magnificent par 5. In the offering is 2.75 acres of C1-zoned (Neighborhood Commercial) zoned land, and several commercial structures. The buildings of McCulloch Station Pub, McCulloch Beer & Wine, Bunkhouse Desi Junction, an autobody shop, fruit stand, and multiple tenanted residences are included. These buildings are leased, with a mixture of long and short term leases to create both stable income and long-term upside. The businesses themself are NOT included in the sale. The entirety of the property is within the Agricultural Land Reserve and apart from the 2.75 acres of C1-zoned land, the remainder is zoned P3 (Institutional, Parks and Open Space). Future land use is a mix of Neighborhood Commercial and Private Recreational. This is a spectacular offering for an established golfing operator looking at acquiring one of the best-located golf courses in town with additional commercial upside, or an investor looking at a different use of the land but wants the cash flow from the tenancies. Please inquire for an NDA and to receive more information about this offering. (id:38686)
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