fbpx
010203040506070809101112131415161718
18

Revelstoke, BC

310, 314, & 316 2nd Street W
Revelstoke, BC V0E2S0

Bed icon

0

Beds

Bath icon

2.0

Bath

Square Feet icon

13725

Sq. Feet

Bidding Starts from

$1,400,000

Auction Date

October 21, 2021

Scroll to learn more

Auction Details & Logistics

Bidding starts

$1,400,000

Auction Date

October 21, 2021

Auction Time

12:00pm PST

Experience

In Person and Online

In Person

Online Only

Online

Bidding Live
@ 12:00pm PST

A once in a lifetime opportunity to own 1/4 of a block of prime downtown real estate and a thriving business in one of Canada's hottest real estate and recreational marketplaces, Revelstoke, British Columbia, Canada. These 4 lots sit on a a highly visible corner C1 zoned location that allows for high density mixed commercial and residential usage. The signage company is nearing 25 years in business and is entrenched as the institutional go to for all retail, hotels, resorts, government, institutional and private signage needs in the area...with virtually no competition. The owners are retiring and have made little effort to increase their business volume or fully utilize their land yet still have a very healthy 6 figure annual cash flow with state of the art machinery and business assets fully paid for at close to a 1/4 million in value. The property and 4 lots alone, not including the business have an approximate valuation at $1.7 million and bids will start well below that for this auction. Revelstoke has recently attracted Cabot Golf and Resorts to ink a deal that is now under construction to build one of the worlds premiere Golf and Resort destinations. This will be located at Revelstoke Mountain Resort which is ranked one of the worlds greatest ski resorts with the largest vertical in North America. There is internationally acclaimed mountain biking, boating, golfing, fishing, snowmobiling, skiing (heli & cat), and mountaineering in Revelstoke not to mention the summer mountain coaster and large resort developments in the making, resulting in Revelstoke having become a 4 season recreational mecca. Revelstoke properties have one of the highest year after year increases in real estate values in Canada over the past 5 years.This is an epic opportunity to buy both property and business at the start of a tremendous growth period at a bargain compared to similar resorts like Whistler in Canada where this growth has happened before. Profit and enjoy an amazing business, then perhaps sell it for a profit someday and/or move it, developing the lots to their full potential. It is a win, win business opportunity and you get to spend time living in a mountain paradise while at it.  

Listing Agent

John Sparrow

Attend an Open House

Explore Other Similar Properties