1122 Riverside Avenue Sicamous, British Columbia V0E 2V0

Interested?

7000 sqft

Other Waterfront On Lake

$2,999,000

INVESTOR ALERT! Land and Buildings – showing approximately 5% ROI on asking price. This 7,000 square foot commercial building with foreshore lease on the Shuswap Lake offers a high profile location with driving and water access. This amazing building is home to 20 year tenants Moose Mulligan’s pub, restaurant, and store. This amazing building has such a great location and is the perfect hands-free investment with solid cash flow. Offered for sale well below replacement cost, this building and property offer a chance to have a solid return on investment with lots of upside. The building saw a 2014 renovation to expand the patio and complete interior painting. Situated on 0.6 acres with 600 linear feet of boat moorage (30 slips) and easy road access with ample onsite parking. Underutilized foreshore lease that is currently sub leased to building tenant with potential for a marina, moor-age or gas bar. Zoned C4 allows marine-related operations. (id:42341)

Property Details

MLS® Number	10277210
Property Type	Other
Neigbourhood	- Sicamous
Amenities Near By	Recreation
Features	Irregular Lot Size
View Type	Lake View, Mountain View
Water Front Type	Waterfront On Lake

Building

Constructed Date	1997
Exterior Finish	Stucco
Fire Protection	Security System, Smoke Detector Only
Flooring Type	Mixed Flooring
Heating Type	Other
Roof Material	Asphalt Shingle
Roof Style	Conventional
Stories Total	2
Size Interior	7000 Sqft
Type	Other
Utility Water	Municipal Water

Land

Acreage	No
Current Use	Mixed Use
Land Amenities	Recreation
Sewer	Municipal Sewage System
Size Frontage	127 Ft
Size Irregular	0.61
Size Total	0.61 Ac\|under 1 Acre
Size Total Text	0.61 Ac\|under 1 Acre
Zoning Type	Unknown

Aerial

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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Last Updated
November 22 2023 02:12:24

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