V2A Hospitality Properties for Sale

V2A Hospitality Property for Sale

More details for 4201 Skaha Lake Rd, Penticton, BC - Hospitality for Sale

Lakeside Villa & Nordic Spa - 4201 Skaha Lake Rd

Penticton, BC V2A 0K4

Hospitality for Sale
$4,495,000 CAD
11,381 SF

Penticton Hospitality for Sale

This premier boutique all suite room motel and Nordic Spa represents a rare investment and lifestyle opportunity with direct proximity to Skaha Lake’s popular beachfront. Located at 4201 Skaha Lake Road in Penticton, the property offers convenient guest underpass access to Barefoot's private beach, positioning it as a turnkey operation in one of the Okanagan Valley’s most desirable tourist and recreational destinations. The improvements consist of 16 well-appointed guest suites plus managers suite, many featuring full kitchens, modern appliances, premium bedding, and private balconies or patios, alongside a Nordic Spa component that enhances the guest experience with wellness amenities. The listing price reflects a competitive and well-supported offering that delivers an attractive going-in cap rate in the mid-to-upper 8% range (based on current stabilized NOI performance), which is compelling relative to broader Okanagan and BC motel/hospitality benchmarks. This provides investors with solid cash-on-cash returns alongside meaningful upside from further operational efficiencies, spa expansion, or repositioning in a market where quality lakeside product remains scarce.

Contact:

MacDonald Realty

Property Subtype:

Hotel

Date on Market:

2026-06-18

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Hospitality Properties for Sale in V2A

View All Available Listings

How many hospitality properties are available for sale in V2A?

There are currently 1 hospitality properties available for sale in V2A, offering a unique opportunity for businesses to establish a presence.

How big are the hospitality properties available for sale in V2A?

The average size of hospitality properties available for sale in Penticton is about 11,381 SF. The largest hospitality properties available to buy is 11,381 SF and the smallest is 11,381 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for hospitality properties in V2A?

The average market cap rate for hospitality properties for sale is about 8.00% based on data provided in V2A. Learn more about how cap rates are calculated.

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Hospitality Property for Sale in V2A