1122 Riverside Avenue. Sicamous, British Columbia V0E2V0

$2,999,000

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Down Payment: Monthly Payment:
  • 7,000 SqFt
  • $428.43 / SqFt
  • Neighbourhood: Sicamous
  • HOA: N/a
  • MLS® #: 10304775
  • Year Built:

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Description

INVESTOR ALERT! This 7,000 square foot commercial building with foreshore lease on the Shuswap Lake offers a high profile location with driving and water access. This is home to 20 year tenants Moose Mulligan’s pub, restaurant, and store with tenants looking to renew the lease. This incredible building has an amazing location and is the perfect hands-free investment with solid cash flow. Offered for sale well below replacement cost, this building and property offer a chance to have a solid return on investment with lots of upside. The building saw a 2014 renovation to expand the patio and complete interior painting. Situated on 0.6 acres with 600 linear feet of boat moorage (30 slips) and easy road access with ample onsite parking. Underutilized foreshore lease that is currently sub leased to building tenant with potential for a marina, moor-age or gas bar. Zoned C4 allows marine-related operations. (id:6289)

1122 Riverside Avenue - Subdivision Statistics

Avg. asking price $674,605
Price per sq. ft. $326
Median price $484,000
Number of homes for sale in Sicamous 130
Number of homes for sale in Sicamous 89
Avg. Days on Market N/A

Essential Information

  • Listing #10304775
  • Price$2,999,000
  • Bathrooms0.00
  • Square Footage7,000
  • Acres0.61
  • TypeOther
  • Sub-TypeResidential Commercial Mix

Amenities

  • AmenitiesRecreation
  • FeaturesIrregular lot size

Interior Features

Security system, Smoke Detector Only,,,,,,,,,,Drywall

Additional Information

  • ZoningUnknown

Community Information

  • Address1122 Riverside Avenue
  • SubdivisionSicamous
  • CitySicamous
  • ProvinceBritish Columbia
  • Postal CodeV0E2V0

Interior

  • HeatingOther

Exterior

  • ExteriorStucco
  • Lot DescriptionIrregular lot size
  • RoofAsphalt shingle

Listing Details

  • Listing OfficeHomelife Salmon Arm Realty.Com
Request a showing of 1122 Riverside Avenue, a 0 bedroom, 0.00 bathroom Residential Commercial Mix in Sicamous, Sicamous. Built in and approximately 7,000 square feet in size, MLS #10304775 is currently listed for $2,999,000. To schedule a property tour, contact us at KelownaHomes.ca