972 ALPINE AVENUE
100 Mile House, British Columbia
MLS® C8079459
$959,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8079459
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
City is on board for gas station with restaurant/c-store/car wash/fast food or hotel (check with city to verify). Currently 2 tenants with potential for 1 more. Cap rate is approximately 6%-6.
5% with the current leases and potential to increase starting October 1st, 2026. Current C3 zoning allows for wide variety of business uses. 972 Alpine Avenue is located on the main Highway 97 as you enter 100 Mile from the south.
Highway traffic exposure. Directly across from 3 brand name hotels and close to the new McDonalds. The adjacent property at 956 Alpine Avenue to the North is 12,000 SF vacant land w/ C3 zoning and is also for sale by the same owner.
A major Gas Company once had issued a LOI for a gas station combo for this location. With a high occupancy rate of Hotels/Motels in town make this property a great investment. Property has 3 phase electricity, 2 meters and a big pylon sign structure for additional exposure.
Nearly all of the property area is paved with plenty of parking and storage.
Property summary
- MLS® number
- C8079459
- Property type
- Retail
- Square footage
- 4,000 sq ft
- Land size
- 1.06 acres
- Parking
- Visitor Parking
- Days on market
- 82 days
Features & details
- Cooling
- Central air conditioning
What would this home cost you?
Based on the $959,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Coastal Realty Ltd., Surrey.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.