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Sicamous 2.35-acre commercial site sells $180,000 over assessed value

The 2.35-acre commercial development site in the Sicamous town centre sold for $740,000.
NAI Commercial, Vancouver, for Western Investor

Type of property: Commercial land

Location: 530 Main Street, Sicamous, British Columbia

Land size: 102,366 square feet

Land size in acres: 2.35 acres

Zoning: C1 – Town centre commercial

B.C. Assessment value (current): $560,000

List price: $750,000

Sale price: $740,000

Date of sale: May 27, 2021

Brokerage: NAI Commercial, Vancouver

Broker: Danny Su