Name: 314 First Street W, Revelstoke | MLS® 10345462
SKU: 10345462
Price: 4800000.0 CAD
Availability: InStock

$4,800,000 Sale

Listed 122 days ago

314 First Street W

MLS® 10345462 Residential Commercial Mix

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 5199

Est. mortgage

$18,210/mo

Key Facts

Key facts for 314 First Street W

Property Type

Commercial, Residential Commercial Mix

Parking

Garage: No, 0 parking

MLS #

10345462

Size

5199 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1977

Maintenance Fee

Description

Prime investment opportunity in the bustling City of Revelstoke, BC! This portfolio consists of the land, building, busy liquor store, and restaurant premises with a popular restaurant tenant in place with good lease terms. The 5200 square foot building is located downtown with excellent visibility ...from three highly travelled roads. Built with future development in mind, the structure could support an additional storey to accommodate more commercial space, or possibly a residential component above upon municipal approval. The liquor store is one of three in Revelstoke and brings in consistent returns. With a moratorium on liquor licenses for another 7 years, this is a rare commodity! Revelstoke has seen incredible growth in the last 10 years and has become a renowned four season Wilderness Resort destination, providing epic snowfall in winter, and an abundance of alpine terrain to explore in summer and fall. According to recent data, the City receives an estimated 1.1 million visitors in the summer season alone, with over 200,000 unique visitors to the City each month. Downtown Revelstoke offers an outstanding array of events including ‘Revy Live Outside’ – 58 nights of live music in Grizzly Plaza, while in the culinary scene, the city boasts a wide variety of pubs, restaurants, bistros, coffee shops, and more. Hotels, resorts, and campgrounds assure a steady stream of consumers. There is a ton of potential to be had in this portfolio – don’t miss your opportunity! (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

5199 sqft

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

5199 sqft

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.15 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Other

Zoning Type

Unknown

Land Amenities

Recreation, Shopping

Acreage

0.15 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Roof Material

Other

Zoning Type

Unknown

Land Amenities

Recreation, Shopping

Building Description

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Year Built

1977

Exterior

Brick, Stucco, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

Residential Commercial Mix

Home Type

Commercial

Subtype

Residential Commercial Mix

Year Built

1977

Exterior

Brick, Stucco, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Revelstoke

Area Code

Revelstoke

Features

High Traffic Area

Community

Revelstoke

Area Code

Revelstoke

Features

High Traffic Area

Luke Tait

Email: [email protected] Cell: (250)241-8248