Mobile: 250-550-4380

1122 Riverside Avenue Sicamous ( British Columbia, CA - V0E 2V0)

$1,950,000 CAD

Sutton Lakefront Realty

Steve Daschuk Steve Daschuk 250-549-3944 (Office) 250-550-4380 (Cell) Request More Info

  • WATERFRONT COMMERCIAL BUILDING
  • Type: Commercial
  • Style: Apartment
  • Size: 7,000 sq. ft.
  • Lot Type: Irregular
  • Lot Size: 0.600000023841858 acres
  • MLS ® #: 10126484

Description

INVESTMENT OPPORTUNITY - Land and Buildings - 7000 sq ft 2 storey commercial building with foreshore lease with high profile location on the channel in Sicamous with 7%+ cap rate on asking. Long term tenants home to Moose Mulligan’s Pub & Restaurant and Liquor Store. This is a great hands free investment with separate leases to restaurant and liquor store. Destination on the Shuswap, great building and amazing location all add to this investment. Under utilized fore shore lease with potential for marina, moor-age or gas bar. The building saw a 2014 renovation to expand patio and complete interior painting. Building is situated on .6 acre with 600 linear feet of boat moorage (30 slips) and easy road access with ample onsite parking. Zoned C4 Waterfront Commercial with potential to operate as boat rental business or other marine related operations for additional revenue stream.
For more information call Jim Grieve at 250-833-6312 or Jordan Grieve 250-833-7812 or visit www.jimgrievesalesteam.com
Marketed by: Jim Grieve
Personal Real Estate Corporation
Homelife Salmon Arm Realty
Toll Free 1-800-890-9166

Attachments

Brokered and Advertised by : Homelife Salmon Arm Realty
Listing Agent: Jim Grieve PREC & Jordan Grieve BComm/PREC
P2#167708675
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Information is deemed to be correct but not guaranteed.

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