Sicamous waterfront commercial property "The Marina"

Retail-Commercial for Sale
Catylist Listing ID: 30530078
Property Subtypes: Mixed Use
Building Size (RSF): 22,000 SF
Gross Building Area: See Agent
Sale Price: $4,900,000
Unit Price: $222.73 PSF
Property Use Type: Investment, Business
Building Name: The Marina
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 3/2/2020

Overview / Comments

NEW LISTING: 1210 & 1225 Young Crescent, Sicamous

Sicamous waterfront commercial properties – Opportunity to acquire two assembled properties totalling 2.069 acres of waterfront in Sicamous, BC. Prominently situated at the north end of the channel between Mara Lake and Shuswap Lake (Sicamous Narrows). Property is highly visible from the Trans-Canada Highway and the RW Bruhn Bridge.
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Property includes “The Marina”, the oldest, most established marina in Sicamous and a favorite of local boaters. 264 linear feet of waterfront, with foreshore licenses in support of three new floating docks with 40 oversized boat slips in the water that are energized (30 amp) and another 85 dry storage oversized slips undercover. Main facilities include boat launch, marine gas bar, service area/workshop, retail store, café/restaurant, storage areas and a residential suite plus an older home. Property is income producing and has longer term redevelopment potential.
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Asking $4,900,000
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MLS® 10194874
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Website & More HD Photos: https://bit.ly/2q1D6j0
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Ken McLaughlin B.COMM, ACP
ken (at) commercialbc.com
250.870.7845 (cell)
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Kris McLaughlin PREC*, CCIM, ACP
kris (at) mclrealestate.ca
250.870.2165 (cell)
*Personal Real Estate Corporation
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MCL Real Estate Group - McLaughlin Commercial Luxury
c/o RE/MAX Kelowna
100 - 1553 Harvey Avenue
Kelowna, B.C. V1Y 6G1

Additional Details

Regional District: Columbia-Shuswap
Parcel ID: 010-877-070
Zoning: C4
Retail Clientele: Business, Tourist, Recreation
Property Located Between: Sicamous - Just off the Trans Canada - Highway 1 See "THE MARINA" from the bridge over the Channel

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Contact

Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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