The Largest Number of Homes for Sale
Business for sale
50580 Trans Canada Highway, Fraser Canyon, Boston Bar / Lytton
$895,000
$895,000
Business for sale
50580 Trans Canada Highway, Fraser Canyon, Boston Bar / Lytton
Features
Year Built
1976
Floor Area
3,560 sqft
Lot Size
125,017 sqft
Gross Property Tax
$9,635.30 /year
Building Type
Commercial Mix
Zoning
N/A
# of Parking Spaces
10+
Subject Property Width
191 ft
Subject Property Depth
838 ft
Amenities
Laundry Facility, Outside Storage, Paved Yard, Storefront, Visitor Parking, Washrooms Female/Male, Fenced Yard, Other
Major Business Type
Food & Beverage
Minor Business Type
FB - Diner
Business Name "doing business as"
Canyon Alpine Restaurant, Rv Pads, and Laundromat
Confidentiality Agreement Required
Yes
Description
Incredible opportunity to own a flat, high-exposure 2.87-acre commercial property along Hwy 1 in Boston Bar. This income-producing asset includes a fully equipped restaurant (Canyon Alpine), laundromat, 6 fully serviced RV pads, 3 manufactured rental units (1x2 bed, 2x studios), and a 2-bed modular home. Surrounded by local businesses and located in a residential area, the site offers tons of parking and excellent highway frontage. Current revenue is approx. $6,000/month with potential to reach $11,000/month by rebranding the restaurant and adding 6 more RV pads. Great long-term tenants and steady cash flow. Zoned for highway commercial use with a rare 12.1% CAP rate. Ideal for investors, entrepreneurs, or buyers seeking a turn-key business with room to grow. Foreign buyer ban exempt.
MLS® Number C8069338