3643 Malakwa Road

5,200 ft²

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:45055)

• Property Details

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

• Building

  ConstructedDate	2001
  CoolingType	See Remarks
  HeatingType	See Remarks
  SizeInterior	5,200 Ft2
  Type	Multi-family
  UtilityWater	Well

• Land

  Acreage	Yes
  Sewer	Septic Tank
  SizeIrregular	21.75
  SizeTotal	21.75 Ac|10 - 50 Acres
  SizeTotalText	21.75 Ac|10 - 50 Acres

• Rooms
• Utilities

  Electricity

  Available