14729 3 A Highway, Gray Creek

Location, Location, Location – Rare Waterfront Investment with Business Potential Nestled at the mouth of Crawford Bay on the breathtaking shores of Kootenay Lake, this nearly 5-acre waterfront property offers an extraordinary combination of natural beauty, income potential, and long-term development value. With 1,200 feet of pristine lakeshore, panoramic mountain and lake views, and close proximity to local amenities, the location is truly second to none. The property includes a well-maintained apartment building with four residential suites and one commercial unit (easily convertible to a fifth residential suite), offering flexible use options. Two of the apartments are newer builds, showcasing quality craftsmanship, custom woodwork, and built-ins. The other two suites have been tastefully updated, and all units offer stunning, unobstructed views. Additional seasonal income is generated through RV sites and a small marina, adding to the property's investment appeal. Recently subdivided from a larger holding, this parcel comes with completed environmental studies and approvals, reducing development risk and timelines. Whether you’re continuing the historic seasonal business (available separately), expanding the residential income, or exploring a redevelopment project this is a rare waterfront business opportunity. Opportunities like this don’t come often. Bring your vision, your plan, and your entrepreneurial mindset. (id:1945)