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:47423)
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Detailed Information
Listing Contract Date
2025-02-19
Municipal ID
030-393-795
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning
Unknown
Building
Type
Retail
Utility Water
Well
Utilities
Type
Description
Electricity
Available
Land
Total Size
21.75 acres
Acreage
Yes
Sewer
Septic tank
Size of Irregular Land
21.75
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