Arun Rahul Group

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3643 Malakwa Road, Malakwa
3643 Malakwa Road, Malakwa
3643 Malakwa Road, Malakwa
3643 Malakwa Road, Malakwa
3643 Malakwa Road, Malakwa
+5 more

3643 Malakwa Road, Malakwa, British Columbia

$1,289,000
5,200
Square feet
21.7500
Acres

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. (id:66920)

Key Features

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  • See Remarks
  • Multi-Family
Rahul Manro
Rahul Manro
Real Estate Associate, Managing Partner
Cell: +1 403-926-2030 VIEW REALTOR® PROFILE

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Estimated monthly payment
$6,028
/month · principal + interest

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Listing courtesy of Association of Interior REALTORS®.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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