282 97B Highway
Active

$3,000,000

282 97B Highway, Enderby, BC

Multi-family at 282 97B Highway in Enderby, BC currently offered at $3,000,000.

Beds
-
Baths
-
Sq Ft
-
Built
1994

Property Specifications

Annual Taxes
$3,898
Lot Size
3.48 acres
Water Source
Well
Sewer / Septic
Septic tank
Heating
See remarks
Ownership Type
Freehold

The Property

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. (id:63761)
Local Area Context • Enderby

Living in Enderby

A charming riverfront city nestled beneath the Enderby Cliffs along the Shuswap River, blending municipal stability with agricultural valley beauty.

Local Due Diligence & Property Realities

Enderby offers the peace of mind of municipal services in town alongside very accessible property pricing compared to the central Okanagan. The Shuswap River provides exceptional floating, paddling, and fishing opportunities. However, properties near the river must consider seasonal freshet flood levels, and surrounding rural properties fall outside municipal boundaries, relying on private wells and septic fields.

First-party area intelligence by Jeff Ragsdale, REALTOR®Full Enderby Area Guide

Property Gallery

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Interested?

Schedule a private viewing of this Shuswap property.

JR

Jeff Ragsdale

REALTOR®

Royal LePage Access Real Estate

Listing Reference

10397797