3810 Casorso Road, Kelowna, British Columbia V1W 4M7
$4,995,000
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 with an opportunity to expand. 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! Also listed as MLS # (id:42365)
Property Details
| MLS® Number | 10268071 |
| Property Type | Institutional - Special Purpose |
| Neigbourhood | Lower Mission |
| Community Name | Kelowna Driving Range |
| View Type | Mountain View |
Building
| Constructed Date | 1992 |
| Type | Special Purpose |
| Utility Water | Drilled Well |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Irregular | 12.027 |
| Size Total | 12.027 Ac|10 - 50 Acres |
| Size Total Text | 12.027 Ac|10 - 50 Acres |
| Surface Water | Well(s) |
| Zoning Type | In Alr |
Utilities
| Sewer | Available |
https://www.realtor.ca/real-estate/25246832/3810-casorso-road-kelowna-lower-mission
100-1668 Ellis Street
Kelowna, British Columbia V1Y 0E1
(250) 212-8450
(250) 868-1780
100-1668 Ellis Street
Kelowna, British Columbia V1Y 0E1
(250) 212-8450
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February 03 2023 10:32:01
Okanagan-Mainline Real Estate Board
Realty One Real Estate Ltd