972 ALPINE AVENUE

100 Mile House, BC V0K 2E1

City is on board for gas station with restaurant/c-store/car wash/fast food or hotel (check with city to verify). Currently 2 tenants with potential for 1 more. Cap rate is approximately 6%-6.5% with the current leases and potential to increase starting October 1st, 2026. Current C3 zoning allows for wide variety of business uses. 972 Alpine Avenue is located on the main Highway 97 as you enter 100 Mile from the south. Highway traffic exposure. Directly across from 3 brand name hotels and close to the new McDonalds. The adjacent property at 956 Alpine Avenue to the North is 12,000 SF vacant land w/ C3 zoning and is also for sale by the same owner. A major Gas Company once had issued a LOI for a gas station combo for this location. With a high occupancy rate of Hotels/Motels in town make this property a great investment. Property has 3 phase electricity, 2 meters and a big pylon sign structure for additional exposure. Nearly all of the property area is paved with plenty of parking and storage. (id:31684)

Listing courtesy of: Sarbjeet Mandair of Century 21 Coastal Realty Ltd.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.