314 First Street W
Revelstoke, British Columbia, V0E2S0
For Sale | $3,700,000
Key facts
- Property type: Other
- Structure: Residential Commercial Mix
- Transaction: For Sale
- Price: $3,700,000
- Interior size: 5,199 sqft
- Lot size: 0.15
- Year built: 1977
- Listing key: 28238409
Listing overview
Prime investment opportunity in the bustling City of Revelstoke, BC! This portfolio consists of the land, building, busy liquor store, and restaurant premises with a popular restaurant tenant in place with good lease terms. The 5200 square foot building is located downtown with excellent visibility from three highly travelled roads. Built with future development in mind, the structure could support an additional storey to accommodate more commercial space, or possibly a residential component above upon municipal approval. The liquor store is one of three in Revelstoke and brings in consistent returns. With a moratorium on liquor licenses for another 7 years, this is a rare commodity! Revelstoke has seen incredible growth in the last 10 years and has become a renowned four season Wilderness Resort destination, providing epic snowfall in winter, and an abundance of alpine terrain to explor...
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