$ 1,099,000

450 Balfour Ferry Road, Balfour

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:1945)
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Property details for 450 Balfour Ferry Road, Balfour

Type
Commercial
Living Area
5,593 square feet
Lot Size
1.32
Ownership
Freehold
Annual Taxes
$5,887

Nearby Listings Stat

Estimated price and comparable properties near 450 Balfour Ferry Road

Active Listings
17
Min Price
$85,000
Max Price
$1,195,000
Avg Price
$606,565
Days on Market
89
days
Sold Listings
3
Min Sold Price
$421,000
Max Sold Price
$1,035,088
Avg Sold Price
$693,696
Days until Sold
77
days

Neighbourhood Census Data

Central Kootenay E, British Columbia / Colombie-Britannique

Population
450
Median Age
57.9
Median Income
$29,568
Dwelling Value
$376,226

Housing Tenure

Owners 84%
Renters 16%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 1.5/km²
Avg Shelter Cost: $685/mo
Owners with Mortgage: 30.6%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 0%
English only: 90%
English and French: 10%
Median Household Income: $52,864
Median Employment Income: $18,496

Price History

Listed
October 7, 2025
by Royal LePage Kelowna
Current Price
$1,099,000
Type
Commercial
For Sale
450 Balfour Ferry Road

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Royal LePage Kelowna

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Comparison of 450 Balfour Ferry Road, Balfour, BC with Nearby Commercial Listings