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1122 Riverside Avenue, Sicamous
2024-02-20
Quick Summary
- Location
- 1122 Riverside Avenue, Sicamous, British Columbia V0E2V0
- Price
- $2,999,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 7000ft2
MLS®#10304775
Property 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Recreation
Building
- Exterior Finish: Stucco
- Fireplace: No
- Interior Size: 7000 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Features
- Feature: Irregular lot size
Land
- Land Size: 0.61 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Homelife Salmon Arm Realty.Com
Listing information last updated on: 2024-08-19 20:29:44
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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