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Peaks Lodge: Exclusive Hospitality Offering in Revelstoke, B.C.
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(Posted on Feb 10, 2017 at 04:01PM by Michelle Bogle)
Marcus & Millichap Vancouver is proud to present this fantastic hospitality offering in Revelstoke, B.C.
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Priced at $2,950,000, the Peaks Lodge Resort is a 36-room lodge, motel and full-service restaurant located just 4.5 km west on the Trans-Canada highway from the picturesque city of Revelstoke.
Situated on the banks of the Columbia River and at the base of Boulder Mountain, this property boasts 1.9 acres of land with stunning views.
Situated on the banks of the Columbia River and at the base of Boulder Mountain, this property boasts 1.9 acres of land with stunning views.
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Investment Highlights:
•   36-room lodge, motel and full-service restaurant/lounge, including two A-frame cabins with three guest rooms each, two spacious two-bedrooms suites, hard-siding exterior, private entrances, great views and direct access to the Trans-Canada Highway
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•   1,200 sq. ft. (2008) three-bedroom modular home is open and bright with full kitchen and private settingÂ
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•   Perfect for an owner residence, yet is currently rented in high demand for families and groups
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•   1.90-acre property has over 600 feet of highway frontage – huge development opportunity
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•   Large parking area, which is perfect for bus toursÂ
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•   4 km to Revelstoke Mountain Resort with the highest downhill ski run in North AmericaÂ
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•   Opportunity for year round income as an extremely busy winter and summer destinationÂ
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•   Revelstoke offers a multitude of summer activities, such as mountain biking, water skiing, fishing, hiking, wildlife tours and off-roadingÂ
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•   Registered Easement access to renowned Boulder Mountain snowmobile area
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•   Secure snowmobile storage and onsite fuel salesÂ
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•   Approximately 15,000 cars travel on the Trans-Canada Highway each dayÂ
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•   The lodge buildings are located on a levelled bench above the elevation of the highway
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•   Property features landscaping with surrounding trees and bush with mountain views
With plans for the Revelstoke Adventure Park underway, now is a great time to invest in an established hospitality asset offering great returns.
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For more information about this listing, please contact our Hospitality Specialist, Shay Dadon, in our Vancouver office at (604) 675-5257 or by e-mail.Â
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To view other commercial real estate investment opportunities across British Columbia, please visit Marcus & Millichap’s Property Search Directory.
Just Listed: Exclusive 11-Unit Multi-Family Offering on 1014 W 11th Avenue in Vancouver
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(Posted on Aug 26, 2016 at 03:52PM by Michelle Bogle)
Marcus & Millichap Vancouver is proud to present this rare investment opportunity to secure one of the city’s most prized assets – a recently completed 11-unit multi-family building located in one of Vancouver’s most desirable neighbourhoods.
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Known as the Muir House, this brand new building features premier construction materials and luxury finishes throughout, driving record-setting rents for the area. Located next door to Vancouver General Hospital, law offices and highly regarded service-based businesses, this listing draws from the city’s strongest tenant pool, which has resulted in a hand-picked selection of doctors and lawyers for the building’s rent roll.Â
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In terms of investment potential, the Muir House is one of Vancouver's safest assets, which drives nearly a quarter of a million dollars in net operating income annually. It also requires almost zero maintenance, thanks to its brand new construction and thoughtful design.
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The location of Muir House is also unbeatable! It is just minutes away from several major transit hubs, Queen Elizabeth Park, waterfront Olympic Village, Broadway's international cuisine, Charleson Park, world-renowned Granville Island, Kitsilano's beaches and the downtown core. The proposed Oak Street Rapid Transit Skytrain Station is also within close proximity.
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The future is proving to be very bright for this property. It’s a must-see for any investor looking for a solid multi-family asset in a highly regarded Vancouver neighbourhood.Â
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For full listing details, please click here.
Interested parties are also encouraged to book a private showing by contacting our Multi-Family Specialist, Charlie Hughes, in our Vancouver office at 604-675-5259. But, hurry – this property will not last!
Interested parties are also encouraged to book a private showing by contacting our Multi-Family Specialist, Charlie Hughes, in our Vancouver office at 604-675-5259. But, hurry – this property will not last!
Exclusive Multi-Family Offering: 12-Unit Oak Street Apartment Building in Vancouver
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(Posted on Aug 5, 2016 at 12:52PM by Michelle Bogle)
The Huntley Lodge presents investors and developers with a tremendous opportunity to secure a 6,250 square-foot lot currently possessing 12-units in one of the most sought-after locations in Canada.The property sits on Oak Street and is steps from the proposed Oak Street Station of the Broadway Rapid Transit Extension, breaking ground as early as 2019.Â
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As a pure rental play, the property possesses a highly desirable suite mix of one studio, eight 1-bedrooms and three 2-bedrooms with below market rents. Nearby hospital, law offices and professional services businesses draw top-tier tenants to potentially high-end renovated suites.Â
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The property currently rests in an RM-3, 1.0 FSR zoned territory with 6,250 square feet buildable on its 50' x 125' lot. This corner lot on the NE side of Oak Street and West 15th Avenue has the potential to be joined with the 50' x 125' lot to the East (985 15th Avenue), which creates one of the most prime development opportunities in the city with 125' of frontage on Oak Street and a 100' wide lot.Â
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A nearby project on a 100' x 125' lot at 2975 Oak Street and 14th Avenue in 2014 received a density bonus up to 2.8 FSR allowing the site to increase from a 3-storey, 14-unit building to an 11 storey, 50-unit tower through an HRA agreement. Adjoining the 985 15th Avenue site would create a 100' x 125' corner lot, grant a 1.9 FSR and have the potential for 2.8+ FSR in the future, nearby the proposed Broadway Rapid Transit Oak Street Station.
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The location of Huntley Lodge simply cannot be beaten! It is just minutes away from several major transit hubs, Queen Elizabeth Park, waterfront Olympic Village, Charleson Park, world-renowned Granville Island, Kitsilano's beaches and the downtown core.
This well-situated site presents investors with a phenomenal opportunity to secure this valuable land, potential development site and a safe income-generating rental property in one of the world's most desired cities. For full listing details, please click here.Â
This well-situated site presents investors with a phenomenal opportunity to secure this valuable land, potential development site and a safe income-generating rental property in one of the world's most desired cities. For full listing details, please click here.Â
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To book your private showing, please contact our Multi-Family Specialist, Charlie Hughes, in our Vancouver office at 604-675-5259.
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For other amazing commercial real estate investment opportunities across British Columbia, please visit Marcus & Millichap’s Property Search Directory for details.
Featured Property: Exclusive Hospitality Offering in Revelstoke, B.C.
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(Posted on Jul 28, 2016 at 02:38PM by Michelle Bogle)
Marcus & Millichap Vancouver is proud to showcase this fantastic hospitality offering in beautiful Revelstoke, B.C.
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The Mulvehill Creek Wilderness Inn is an award-winning lodge and wedding chapel located on Peninsula at Upper Arrow Lake. The resort is situated on 33.1 acres of scenic land, offering fantastic vistas of the surrounding mountains, forest and water.
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Priced at $3,250,000, this investment opportunity is an ideal choice for someone looking to purchase an established, award-winning hospitality asset with great returns.
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Investment Highlights:
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•   33.1 acres of land on Peninsula at Upper Arrow Lake
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•   Currently zoned for Resort CommercialÂ
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•   Huge development opportunities – up to 6 units per hectare (86 in total)
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•   Quick 25km drive to Revelstoke Mountain ResortÂ
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•   Award-winning B&B with romantic wedding chapel on-site
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•   Ability to operate during all four seasons – year-round income potential
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•   Hydro powerhouse (18 x 18), plus 100 m3 underground reservoir
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•   Possibility to upgrade hydro into an income stream with B.C. Hydro
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•   Comfortable owner suite with three bedrooms
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For full listing details, please click here. To book your private showing, please contact our Hospitality Specialist, Shay Dadon, in our Vancouver office at (604) 675-5257.
To view other amazing commercial real estate investment opportunities across British Columbia, please visit Marcus & Millichap’s Property Search Directory for details.
To view other amazing commercial real estate investment opportunities across British Columbia, please visit Marcus & Millichap’s Property Search Directory for details.
Exclusive Land Offering: Eagle Nest Estate in Agassiz, B.C.
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(Posted on Jul 20, 2016 at 01:00PM by Michelle Bogle)
Marcus & Millichap Vancouver is proud to offer this latest land investment opportunity in picturesque Agassiz, B.C.
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Nestled on the south side of Woodside Mountain, this 4.97-acre lot offers breathtaking water and mountain vistas of the Harrison River, Fraser River and Mount Woodside. This is an ideal opportunity for a developer looking to build a dream home.
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Priced at $449,000, this property is conveniently located just 20 minutes away from Chilliwack, B.C. and 30 minutes from Mission, B.C.
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Investment Highlights:
•   Dream home building lot
•   Soaring views of the Fraser ValleyÂ
•   Soaring views of the Fraser ValleyÂ
•   Full geotechnical, environmental, surveys availableÂ
•   200 amp electrical, 15 gallons per minute well, septicÂ
•   $800 per month interim holding incomeÂ
•   4,000 sq. ft. house plans availableÂ
•   Lot Size (SF): 216,493Â
•   Lot Size (Acres): 4.97Â
•   Frontage: 118m
•   List Price: $449,000
•   Price Per Acre: $90,342Â
•   Taxes (2015): $1,350
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Don’t miss out on this great land investment opportunity to live, relax and play in nature’s backyard. For full listing details, please click here or contact the Dustin Miller at 604-675-5253 to view all that this property has to offer.
To view other commercial real estate listings across Metro Vancouver and beyond, please see our featured properties on the Marcus & Millichap website.
To view other commercial real estate listings across Metro Vancouver and beyond, please see our featured properties on the Marcus & Millichap website.
Exclusive Land Offering in Desirable Ocean Park Subdivision of Surrey, B.C.
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(Posted on Jul 14, 2016 at 01:00PM by Michelle Bogle)
Featured Property: Retail Strata Unit in Downtown Vancouver
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(Posted on Jul 8, 2016 at 01:00PM by Michelle Bogle)
Our Vancouver commercial real estate office is excited to announce this newly listed 1,926 sq. ft. retail strata unit in a prime downtown location.
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Priced at $2,620,000, this property is well-suited for an investor looking to takeover an existing business. It also offers a healthy capitalization rate of 5.86%.
 
You cannot beat this fantastic location! To learn more about this exclusive listing, please contact our retail asset class specialist Ibrahim Aytug at (604) 675-5228.Â
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You can also follow along with Ibrahim’s blog where he shares the latest commercial real estate news and retail investment opportunities across Metro Vancouver.
For more featured listings across British Columbia, please click here.
For more featured listings across British Columbia, please click here.
Exclusive Hospitality Offering in the Heart of Squamish, B.C.
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(Posted on Jun 8, 2016 at 06:58PM by Michelle Bogle)
Investors looking to break into Squamish’s growing market, take note!The Hotel Squamish with liquor store and restaurant is available as an exclusive hospitality offering in the heart of the downtown area.
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Located at 37991 Second Avenue, this property offers a limited service 24-room hotel, a fully licensed 3,000 sq. ft. retail liquor store and a newly leased upscale restaurant business.
The land and zoning also offers future redevelopment potential for up to six stories of hotel, commercial or residential opportunities.Â
The land and zoning also offers future redevelopment potential for up to six stories of hotel, commercial or residential opportunities.Â
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Listed at $4,600,000, this property offers exciting growth potential, especially since the town is amidst a renaissance. Its midway location between Vancouver and Whistler, with convenient access from the improved Sea-to-Sky highway, make it a great investment.Â
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Full listing details can be viewed here.
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As the town and surrounding areas continue to grow, tourism, industry and residential pressure will continue to increase demand within Squamish. Currently, Whistler Blackcomb is undergoing a massive $345 million modernization and the Woodfibre $1.6-billion liquefied natural gas plant also received the Ministry of Environment’s official go ahead.Â
This property represents a great opportunity for investors to enter the market as Squamish is poised for expansion.
This property represents a great opportunity for investors to enter the market as Squamish is poised for expansion.
For more information on this exclusive listing or to stay abreast of commercial real estate activity in Squamish, please contact David C. Fox, our Sea-to-Sky Corridor expert, for details.
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