Key Facts
- MLS® #: 10363611
- Property ID: SIRC2852137
- Property Type: Commercial, Other (Commercial)
- Lot Size: 21.75 ac
- Listed By:
- Scott Marshall, Brian O'Rafferty, Geoff Hall
Property Description
Incredible investment opportunity, sitting on 21.795 acres of riverfront land to the northeast of Sicamous, adjacent to Highway 1 (Trans Canada Highway). This offering includes a gas station with high visibility (leased to September 2031), fuel tank; an equipped restaurant (currently vacant), six modular homes (currently rented), a structure with a rental both up and down, RV stalls, significant frontage onto Eagle River, and a freehold interest across the river where it bisects the property (a private island, helicopter landing spot, private fishing? The opportunities are endless!) Water to the property, and rentals, is supplied by a well with adequate filtration (as required by Interior Health). As it currently stands, the property produces excellent cash flow even without the restaurant being leased. With full utilization of the property and natural tenant turnover, this property has tremendous upside. Add in the large land size, and large river frontage with a wonderful beach, this is a once-in-a-lifetime holding property. Please inquire about a financial package of the property, which will include a financial summary.
Amenities
- Acreage
- Country
- Country Living
- Fishing
- Forest
- Hiking
- Hunting
- Mountain
- Mountain View
- Parking
- Storage
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Location
3643 Malakwa Road, Malakwa, British Columbia, V0E 2J0 Canada
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Marketed By
Sotheby’s International Realty Canada
3477 Lakeshore Road, Suite 104
Kelowna, British Columbia, V1W 3S9