3643 Malakwa Road Malakwa, British Columbia V0E 2J0

$1,289,000

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. (id:46156)

Property Details

MLS® Number	10373801
Property Type	Multi-family
Neigbourhood	Sicamous
Water Front Type	Waterfront On River

Building

Constructed Date	2001
Cooling Type	See Remarks
Heating Type	See Remarks
Size Interior	5,200 Ft2
Type	Multi-family
Utility Water	Well

Land

Acreage	Yes
Sewer	Septic Tank
Size Irregular	21.75
Size Total	21.75 Ac|10 - 50 Acres
Size Total Text	21.75 Ac|10 - 50 Acres

Utilities

Electricity

Available

https://www.realtor.ca/real-estate/29286198/3643-malakwa-road-malakwa-sicamous