5,200 sqft

$1,289,000

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), 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:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10381398
  Property Type	Other
  Neigbourhood	Sicamous

• Building

  Size Interior	5,200 Sqft
  Type	Residential Commercial Mix
  Utility Water	Well

• Land

  Acreage	Yes
  Current Use	Mixed Use
  Sewer	Septic Tank
  Size Irregular	21.75
  Size Total	21.75 Ac|10 - 50 Acres
  Size Total Text	21.75 Ac|10 - 50 Acres

• Utilities

  Electricity

  Available