3643 Malakwa Road

Key facts

• Property type: Other
• Structure: Residential Commercial Mix
• Transaction: For Sale
• Price: class="container" id="details-container",289,000
• Interior size: 5,200 sqft
• Lot size: 21.75
• Listing key: 29539369

Listing overview

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), 6 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 th...