$2,999,000
1122 Riverside Avenue
Sicamous British Columbia
General 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:56795)
General Information |
MLS® Number: | 10304775 |
Property Type: | Other |
Building Type: | Residential Commercial Mi |
Ownership: | Freehold |
Zone Code: | Unknown |
Layout |
Finished Floor Area |
Total: | 7000 sqft |
Lot & Area Information |
Features: | Irregular lot size |
Irregular Lot? | Yes |
Acreage? | No |
Lot Size: | 0.61 ac|under 1 acre |
Amenities: | Recreation |
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Agents
Jim Grieve
Jordan Grieve
Nathan Grieve
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Property & Building Features
Roof: | Asphalt shingle |
Ext Finish: | Stucco |
Water: | Municipal water |
Sewage: | Municipal sewage system |
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Heating: | Other |
Exterior: | Stucco |
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