1122 Riverside Avenue

Sicamous British Columbia V0E2V0

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:22446)

Listing Details

Property Details

Full Address:
1122 Riverside Avenue, Sicamous, British Columbia
Price:
$ 2,999,000
MLS Number:
10304775
List Date:
February 20th, 2024
Neighbourhood:
Sicamous
Lot Size:
0.61 ac

Interior Features

Heating:
Other

Building Features

Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Ownership Type:
Freehold

Floors

Finished Area:
7000 sq.ft.

Land

Lot Size:
0.61 ac
Current Use:
Mixed use

Neighbourhood Features

Ratings

Commercial Info

Location

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