- For Sale $4,750,000
- Property Type Other
- Property Size 61,419 SF
- Units 28
- Date Updated Jul 13, 2026
Description
The Avison Young National Hospitality Team is pleased to present the opportunity to acquire Elizabeth Lake Lodge, a highly curated boutique hospitality asset located in Cranbrook. This exceptionally well-operated property has evolved from a beloved local retreat into a nationally recognized destination, consistently outperforming market benchmarks in guest satisfaction, online rankings, and revenue growth. The Property has been ranked in the Top 25 Hotels in Canada for 17 consecutive years by Tripadvisor.
A standout feature of the Property is its par-70 mini-golf course, a rare and highly successful amenity that attracts both overnight guests and the local community. This offering meaningfully enhances activation, diversifies revenue streams, and reinforces the Lodge’s positioning as a destination property rather than a traditional roadside hotel.
The 1,750-square-foot, three-bedroom presents a compelling opportunity for an owner-operator to reside on-site, implement a live-work hospitality model, or convert the space into premium group or extended-stay accommodations to further enhance revenue potential.
Highlights
- 28 fully furnished guestrooms and suites featuring premium Hypnos beds from England
- 40 on-site parking stalls
- Direct adjacency to a protected 250-acre provincial bird sanctuary, ensuring permanent natural views and a highly defensible setting
- Fitness centre for guest wellness and longer-stay appeal
- One of the only commercial buildings in the Kootenays constructed using ICF (Insulated Concrete Form) from foundation to roofline, delivering superior insulation, durability, and sound attenuation
- Signature par-70 mini-golf course open to both guests and the public
- Unobstructed views from guestrooms overlooking the Elizabeth Lake Bird Sanctuary
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Contacts
Avison Young - Vancouver
Avison Young
Avison Young - CA - ON - Greater Toronto
Avison Young - Winnipeg
