$349,999
1034 Trans Canada Highway
Beds
—
Baths
—
Sqft
—
Year
1968
Type
Other
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cache Creek. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Presenting an exceptional commercial investment opportunity in the heart of Cache Creek. Set on just over 24,000 sq ft of land, this substantial three level building offers wide ranging redevelopment or business potential under C1 zoning. Formerly home to the well known Wanderer Inn Restaurant, the property includes all equipment and chattels on site. The upper level features a generous layout with 10 rooms, a kitchen, three potential bathrooms, and an open concept kitchen and living area with its own private entrance, suitable for staff housing, rental income, or conversion to office or suite space. The main floor previously operated as a successful full service restaurant. It includes a commercial kitchen setup, walk in coolers, customer and staff washrooms, and an expansive dining area ready to be reimagined. Whether revived as a restaurant or adapted for retail, service, or mixed use, the footprint offers tremendous flexibility. The basement provides extensive square footage suited for storage, added operational needs, or future development ideas to enhance the property’s function. The building is sold as is, where is, and the former business has been closed for several years. While it will require significant TLC, the potential is substantial for investors with vision. Located just off Cache Creeks main strip, the property offers high visibility, convenient access, and strong future promise at a price designed to sell. Additional information available in docs. (id:65958)
- Subtype
- Other
- Structure
- Residential Commercial Mix
- Community
- Cache Creek
- Common interest
- Freehold
- Lot size
- 0.56 acres
- Lot dimensions
- 0.56
- On market
- Dec 11, 2025
- Status changed
- Apr 24, 2026
- Photos
- 34
- MLS#
- 10370993
- Area
- CACHE_CREEK
Cash on cash
3.14%
Cap rate
5.49%
GRM
12.2
Break-even rent
$2,207
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.