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3643 Malakwa Road Malakwa, BC V0E2J0
5,200 SqFt
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $288
Subdivision Sicamous
MLS® Listing ID 10335988
Originating Board Association of Interior REALTORS®
Lot Size 21.750 Acres
Acres 947430.0
Property Sub-Type Freehold
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), an equipped restaurant (currently vacant), 6 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 (Private island... helicopter landing spot? Private fishing? Etc). 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. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic tank
Others
Ownership Freehold
Listed by Sotheby's International Realty Canada
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