282 97b Highway Enderby, British Columbia V0E 1V3

See Remarks Acreage

$3,000,000

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, four (4) 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 +/- 850 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. (id:63476)

Property Details

MLS® Number 10397797
Property Type Multi-family
Neigbourhood Enderby / Grindrod

Building

Constructed Date 1994
Heating Type See Remarks
Type Multi-family
Utility Water Well

Parking

Additional Parking

Land

Acreage Yes
Sewer Septic Tank
Size Irregular 3.48
Size Total 3.48 Ac|1 - 5 Acres
Size Total Text 3.48 Ac|1 - 5 Acres

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