1122 Riverside Avenue
Sicamous, British Columbia V0E2V0

$2,999,000

ID# 10304775
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:3942)

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

Courtesy of Homelife Salmon Arm Realty.Com
Listed on: February 20, 2024

On market: 68 days
Half Bathrooms Total 0
Heating Type Other

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

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