
Multi-Family For Sale
$1,289,000
MLS® Number: 10381503
Floor Area
5,200
Land Size
21.75
Year Built
2001
Multi-Family For Sale
$1,289,000
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
Listed By
Sotheby's International Realty Canada
Mortgage Calculator
Estimated Monthly Payment
$6,332
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$6,332
Principal and interest only. Actual rates may vary.