3643 Malakwa Road, Malakwa, British Columbia V0E 2J0

Listed for:
$1,499,000
0 beds
0 baths
Listed 42 days ago
Retail for rent: 3643 Malakwa Road, Malakwa, British Columbia V0E 2J0

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Learn more about this property
Listing provided by:
Sotheby's International Realty Canada
MLS® number:
10335988
Agent:
Scott Marshall
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About

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:27476)

Property Highlights

MLS® Number
10335988
Type
Retail
Ownership Type
Freehold
Land Size
21.75 ac|10 - 50 acres

Building

Building Type
Retail
Square Footage
5200 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Well
Utility Sewer
Septic tank

Location