282 97B Highway
Enderby, British Columbia
MLS® 10397797
$3,000,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 10397797
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1994
1 / 37Listing description
Outstanding Revenue Property located minutes from Gardom Lake! This 3. 48-acre, highway commercial zoned lot comes improved with 19 separate residential suites featuring eleven (11) mobile homes, three (3) cabins, including a duplex cabin, two (2) suites above grade in the shop & two (2) pad rentals.
All units are serviced with water and septic, cablevision, natural gas, electrical, gravel driveways & landscaping. Given the location along the well-traveled highway corridor between Enderby & Salmon Arm and given the sites’ highway commercial zoning with +/- 380 ft of highway frontage & service road, a range of possible service, recreation or retail-oriented uses would be feasible, including servicing the on-going demand for RV/Cabin-based lodging. Site improvements include two (2) drilled wells, several septic systems servicing the 19 units + three (3) transformers & 400-amp service provide plenty of power & water.
The property has benefitted from a regular schedule of maintenance & upgrades. Also included is an +/- 1,980 SF shop building with 16ft ceilings, mechanical room + two (2) bachelor suites above grade. Opportunities to acquire income producing assets with flexible highway commercial zoning like this rarely come to market.
The property produces $221,972. 52 of gross annual revenue. Surplus land may be suitable for mobile home park expansion or some other use within the permitted C-2 zoning.
Property summary
- MLS® number
- 10397797
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 3.48 acres
- Built in
- 1994
- Annual property taxes
- $3,898.01
- Parking
- Additional Parking
- Days on market
- 33 days
Features & details
- Heating
- See remarks
What would this home cost you?
Based on the $3,000,000 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 Business Finders Canada, Kelowna.
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.