Primary photo of 3643 Malakwa Road, Malakwa
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Multi-Family For Sale

$1,289,000

MLS® Number: 10381503

Floor Area

5,200

Land Size

21.75

Year Built

2001

3643 Malakwa Road, Malakwa, British Columbia

About This Property

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), six 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.

Property Details

Interior Details

Bathrooms Partial

0

Cooling

See Remarks

Heating

See remarks

Living Area

5200 sqft

Building & Exterior

Year Built

2001

Land & Location

City Region

Sicamous

Lot Size Area

21.75 acres

Lot Size Dimensions

21.75

Parcel Number

030-393-795

Postal Code

V0E2J0

Utilities & Services

Utilities

Electricity

Listing & Financials

Listing Office

Sotheby's International Realty Canada

Originating System Name

Association of Interior REALTORS®

Other Specifications

Co List Agent National Association Id2

1240341

Co List Office National Association Id2

1200426

Common Interest

Freehold

Country

Canada

Waterfront Features

Waterfront on river

Mortgage Calculator

20% ($257,800)
5.5%
25 Years

Estimated Monthly Payment

$6,332

Principal and interest only. Actual rates may vary.

Location & Map

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