3643 Malakwa RoadMalakwa, BC

About 3643 Malakwa Road

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. GST applicable.

MLS®

10402841

Type

Development land

Size

5,200 sq. ft.

Acres

21.75

Water

Well

Sewer

Septic tank

Tyler Dumaine

REALTOR®, Personal Real Estate Corporation

Hall Cassie Marshall Group

Sotheby's International Realty Canada

(250) 801-9421

intake@hallcassiemarshall.com

tylerdumaine.com/listings/3643-malakwa-road-malakwa-10402841

Lake Country, BC V4V 2A5