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1122 Riverside Avenue Sicamous, British Columbia V0E 2V0

7000 sqft
Other Waterfront On Lake

$2,999,000

INVESTOR ALERT! Land and Buildings – showing approximately 5% ROI on asking price. 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 amazing building is home to 20 year tenants Moose Mulligan’s pub, restaurant, and store. This amazing building has such a great 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:37990)

Property Details

MLS® Number 10277210
Property Type Other
Neigbourhood Sicamous
Amenities Near By Recreation
Features Irregular Lot Size
View Type Lake View, Mountain View
Water Front Type Waterfront On Lake

Building

Constructed Date 1997
Exterior Finish Stucco
Fire Protection Security System, Smoke Detector Only
Flooring Type Mixed Flooring
Heating Type Other
Roof Material Asphalt Shingle
Roof Style Conventional
Size Interior 7000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Current Use Mixed Use
Land Amenities Recreation
Sewer Municipal Sewage System
Size Frontage 127 Ft
Size Irregular 0.61
Size Total 0.61 Ac|under 1 Acre
Size Total Text 0.61 Ac|under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/25736477/1122-riverside-avenue-sicamous-sicamous

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Artfully uniting extraordinary lives with extraordinary homes is what we do. Whether you are curious as to your home's current value, or you wish to discuss what improvements and staging you can do to your home that will translate into increased value when selling, let our expertise guide you. Complete this form and we will contact you to discuss how we can be of value.

Client Feedback

  • Thank you for everything. I am so happy we chose your team as you were all so fantastic. You made the process very seamless. I will totally recommend you to others.

    Ryan and Natasha H.

  • We’ve been working with Justin for two years with much success. Justin and his group are organized, professional, efficient, available, and get the job done without chaos and confusion! Justin handles the clients calmly and professionally and keeps things running smoothly. We highly recommend him!"

    Scott & Gina Tyerman

  • Moving from another city, it was easy to see Kelowna offers many choices when it comes to choosing a Realtor®. If you are looking for a knowledgeable, well-connected professional, look no further than Justin O’Connor. He is thorough in his appraisal work and negotiates with a quiet confidence. Justin takes the time to get to know his clients, listens to their plans and stay focussed on their goals. It was a pleasure to work with Justin and his Sotheby’s team. They always kept the process enjoyable and stayed in touch. Justin and his team know how to ease the stresses that come with making big decisions and… he has a great sense of humor!

    Anne Johnston

  • I think I was still in shock last night when we went through this process. Grant and I have loved our home over the years and have always taken pride in updating it for our own enjoyment. When we decided to move to a view lot and build our dream home, we knew our home would be attractive given the location and lot size. Your advice regarding further updates and staging was obviously very advantageous. Thank you!! I would also like to let you and Justin know (as I said, I think I was in a state of shock last night) since I didn’t say so last night, we are so appreciative of everything you have done for us to make this sale happen. I totally understand all of the behind the scenes work you both did with gathering information and providing immediate response to any agent query. You both represented Grant and I very, very well! I know we can’t totally celebrate until March 23 however, the heavy lifting is done. I would not hesitate to recommend the Justin O’Connor Group to anyone buying or selling!

    Grant and Joyce

  • Working with Sotheby's was nothing less than professional. From start to finish everything went smoothly. It's good to choose a realtor that puts the client's interest first. I would recommend anyone selling their property to not hesitate going with Justin and the team!!

    Ernie and Sue

  • When selling your home, it is essential that you are using the most professional and experienced people to guide you through this often complex process. The Sotheby’s group met all of our criteria and requirements to ensure we valued our house at the right price and made sure the entire experience was handled properly from day one all the way through to the final closing. We would highly recommend their friendly expert services.

    Guy and Sonja

  • We have worked with the Justin O Connor team for both the sale of our show homes over the past 5 years as well as for our own personal home sales. The professionalism and knowledge ensured the process proceeded smoothly.

    They do their research and deliver first class service throughout the sale process which carries through to the after-sale support as well. As a custom homebuilder it is important that we have a smooth transition to our clients as we turn over our homes.

    I recommend the team for your real estate needs. You need a great team in the ever-evolving market here in the Okanagan.

    Les Bellamy