1225 7TH AVENUE

Other For Sale in Invermere, British Columbia

$575,000
AMAZING OPPORTUNITY!!! Main Street Invermere! Extremely rare opportunity to secure prime commercial space in the core of beautiful downtown Invermere. Approximately 3700 square feet of land, and flexible C-1 commercial zoning which allows for up to three stories of height and residential on the second and third floors- the long term potential of the site is incredible! The current building is approximately 3300 square on the main floor, and has been operated as the "Bistro Restaurant" since the late 1980's. The main restaurant space is only utilizing approximately 1/3 of the building foot print. There is a lot of currently underutilized space in the back of the building (formerly bakery production space) and the opportunity to create a rear storefront along 6th Ave (the parking lot area with the Farmer's Market). There is a partial unfinished basement space of approximately 581 square feet. The current business operator is shutting down soon and there is potential for redevelopment and re-imagining of the space! Listing price includes land, building, and restaurant equipment, does not include the current operating business (no financials). Seller is open to a potential join venture or partnership with a cash investor. Plus 5% GST. (id:4069)
Address 1225 7TH AVENUE
List Price $575,000
Property Type Other
Area British Columbia
Sub-Area Invermere
Year Built 1959
MLS® Number 2479725
Listing Brokerage Mountain Town Properties
Postal Code V0A1K0

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Jeff Tarry

Royal LePage Access Real Estate

2 - 551 Trans Canada Highway NE P.O. Box 434 Salmon Arm BC V1E4N6

Mobile: (250) 572-2888

Office: (250) 832-9997

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