3643 Malakwa Road

Malakwa British Columbia V0E2J0

$1,499,000

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Address

Street Address
3643 Malakwa Road
City
Malakwa
Province
British Columbia
Postal Code
V0E2J0
Country
Canada
Neighbourhood
Sicamous

Property Features

Listing ID
10335988
Ownership Type
Freehold
Property Type
Retail

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:2494)

Property Details

ID
27932096
Price
1,499,000
Transaction Type
For sale
Zoning Type
Unknown

Building

Size Interior
5200 sqft
Type
Retail
Utility Water
Well

Land

Size Total
21.75 ac|10 - 50 acres
Size Total Text
21.75 ac|10 - 50 acres
Acreage
TRUE
Sewer
Septic tank
Size Irregular
21.75

Utility

Type
Electricity
Description
Available

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