40452 Government RD Active

Squamish,BC V0N 1T0

$ 5900000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type Asset

MLS Listing ID C8068631

Year Built 1997

Lot Size 0.700 Acres

Property Description

Sea to Sky property with pub for sale. Famously known as the Shady Tree Neighborhood Pub which has been a staple in Squamish since 1997. The lot is .7 acres & the building just under 10,000 sqft. The property has a fully functioning and operating pub on it currently being ran by a 3rd party under a fixed management contract providing the property owner with an annual net income of about 3%. (Cap rate) at the selling price of $5,900,000. The pub if fully outfitted with a commercial kitchen & a 183 seat liquor license which also includes “off-sales”. All pub equipment and the licenses are owned by the property owner. The building is built to spec with storage areas, a work shop, & parkade. Don't miss out on this opportunity to own a historical location on the Sea to Sky hwy at Government road with approximately 133,000 vehicles traveling weekly. Also an opportunity to own the lot next door which is zoned for hotel & restaurant, for sale by the same owner which is currently listed under MLS #C8066014.

Location

Province BC

Community Brackendale

Area Squamish

Zoning C1

Exterior

Utilities Available Fully Serviced

Building

Sewer See Remarks

Water Public

Others

Ownership Freehold

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