With an approx 5% cap rate (Based on 7 month of operation) 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 #10302245 (id:44393)
| MLS® Number | 10302864 |
| Property Type | Retail |
| Neigbourhood | Lower Mission |
| Features | Irregular Lot Size |
| Parking Space Total | 40 |
| Storage Type | Storage Shed |
| View Type | Mountain View |
| Water Front Type | Waterfront On Stream |
| Constructed Date | 2016 |
| Cooling Type | Central Air Conditioning |
| Fire Protection | Security |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 4995 Sqft |
| Type | Retail |
| Utility Water | Well |
| Other |
| Acreage | Yes |
| Fence Type | Fence |
| Sewer | Septic Tank |
| Size Irregular | 12 |
| Size Total | 12 Ac|10 - 50 Acres |
| Size Total Text | 12 Ac|10 - 50 Acres |
| Surface Water | Creek Or Stream |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26441469/3810-casorso-road-kelowna-lower-mission
Contact us for more information
Ron Stettner
Personal Real Estate Corporation
Diane Moore
Josh Stettner
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