$980,000
An exceptional opportunity to own a unique income-producing property just steps from beautiful Wasa Lake. Situated only 300 metres from public beach access and approximately 500 metres from the public boat launch and playground, this versatile property combines a comfortable owner's residence with an established 14-unit commercially licensed motel. The property features a well-maintained three-bedroom, two-bathroom home, ideal for owner occupancy or on-site management, along with a detached 20' x 40' shop offering excellent storage and workspace. The motel is currently operated as 12 long-term monthly rentals (14 doors total), providing consistent cash flow while maintaining its commercial motel licence and future flexibility. Set on a generous parcel with ample parking and additional usable land, there is excellent potential for a new owner to explore opportunities to enhance income, subject to applicable approvals. Whether through expansion of accommodations, additional amenities, or other complementary commercial uses, the property offers exciting possibilities for future growth. With Wasa Lake's sandy beaches, boating, swimming and recreational amenities just a short walk away, this is a rare opportunity to invest in one of the East Kootenays' most desirable recreational destinations. Whether you're seeking a lifestyle investment, an owner-operated business, or a property with future upside, this one deserves your attention. Buyer to satisfy themselves regarding GST. (id:64133)
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Property Details
MLS® Number 10395436 Property Type Single Family Neigbourhood Lakes/Wasa/Lazy/Premier Community Name Wasa Lake motel CommunityFeatures Rentals Allowed ParkingSpaceTotal 4 -
Building
Bathroom Total 2 Bedrooms Total 3 Architectural Style Cottage Constructed Date 1955 Construction Style Attachment Detached Fireplace Present Yes Fireplace Total 1 Fireplace Type Free Standing Metal Flooring Type Mixed Flooring Heating Fuel Electric Heating Type Forced Air, See Remarks Roof Material Metal Roof Style Unknown Stories Total 2 Size Interior 1,514 Sqft Type House Utility Water Well Parking
Carport Detached Garage 4 -
Land
Acreage Yes Fence Type Page Wire, Rail Sewer Septic Tank Size Irregular 2.07 Size Total 2.07 Ac|1 - 5 Acres Size Total Text 2.07 Ac|1 - 5 Acres -
Rooms
Level Type Length Width Dimensions Second Level Other 6'6'' x 13'3'' Second Level 4pc Bathroom 8'6'' x 8'8'' Second Level Bedroom 11'1'' x 9'1'' Second Level Primary Bedroom 14'8'' x 12'7'' Main Level Mud Room 11'2'' x 7'6'' Main Level 3pc Bathroom 7'1'' x 7'6'' Main Level Bedroom 14'9'' x 9'7'' Main Level Living Room 14'9'' x 10'11'' Main Level Dining Room 14'8'' x 16'1'' Main Level Kitchen 14'7'' x 11'6'' Main Level Office 14'11'' x 9'8''
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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August 11 2026 11:32:11
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