1122 Riverside Avenue, Sicamous, British Columbia

$2,999,000

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7,000

Square feet

0.61

Acres

About 1122 Riverside Avenue

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:3745)

Features of 1122 Riverside Avenue

Listing # 10304775
Price $2,999,000
Bathrooms 0.00
Square Footage 7,000
Acres 0.61
Type Other
Sub-Type Freehold

Community Information

Address 1122 Riverside Avenue
Subdivision Sicamous
City Sicamous
Province British Columbia
Postal Code V0E2V0

Amenities

Amenities Recreation
Features Irregular lot size
Is Waterfront No
Has Pool No

Interior

Heating Other
Fireplace No
Has Basement No

Exterior

Exterior Stucco
Roof Asphalt shingle

Additional Information

Zoning Unknown

Listing Details

OfficeHomelife Salmon Arm Realty.Com

Listing Map

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