$1,099,000

About this home

Occupying approximately 1.32 acres, 450 Balfour Ferry Road (the ""Property"") features a diverse income profile that includes a single-family residence, a detached cottage, a commercial retail unit leased to Old World Bakery, and a fully leased Canco Gas Station. In addition, the site includes a tenant-owned double-wide manufactured home and ample surplus land previously operated as an 11-pad seasonal trailer park, providing significant flexibility for future redevelopment or expansion. With full services including community water, hydro, and natural gas, and boasting lake views, Highway 3A exposure with 25-minute connection to Nelson, and direct ferry terminal exposure and access, this unzoned parcel offers an exceptional range of potential uses. The surrounding area has seen a surge of recent investment - including new ownership and upgrades to The Landing Restaurant & Bar, the Balfour Superette grocery store, and construction commencement of the Kootenay Lake RV Resort, a 37-lot year-round waterfront park - all located within 200 metres of the Property. This is a unique opportunity to secure an established income-producing asset with strong upside potential at the core of Balfour’s growing tourism and service corridor. (id:65958)

Subtype

Other

Structure

Residential Commercial Mix

Community

Kokanee Creek to Balfour

Common interest

Freehold

Living area

5,593 square feet

Lot size

1.32 acres

Lot dimensions

1.32

On market

Oct 7, 2025

Status changed

Apr 24, 2026

Annual tax

$5,887.42

Photos

36

MLS#

10365237

Area

BALFOUR

Mortgage estimate