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    In the Heart of World Class Gold and Tourism Investment - Wells, BC

    Cariboo Chilcotin Listing No. 19271

    Attractive commercial acreage located on main road close to major tourism attractions and new gold discoveries in central BC. Unique opportunity to create essential accommodations and business in growing area.


    Price
    $1,071,600

    Size
    1.54 acres ~ 2 titles

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    Description

    The commercial zoning on this fully serviced 1.54 acreage allows for many uses. See zoning details below.

    The property is on 2 titles. Currently, one is being operated as an RV Park. The other is a long term annual residential rental.

    Bustling with new growth, Wells is a gateway to nearby major popular tourism attractions. As well, rich gold veins run underground alongside the town and beyond. See Investment details below.

    Year-round unique tourism and gold mining entrepreneurship is serviced by a year- round well-maintained road.

    Location

    12566 Barkerville Highway & 3978 Hoy Street - Wells, BC

    Access

    The small town of Wells is nestled in a mountain valley and is a one-hour drive east of the city of Quesnel in central BC.

    To reach Wells, drive east at Highway 26 (Barkerville Highway) for about 70 km. The entrance to Highway 26 is at the north end of Quesnel on Highway 97.

    This commercial property is on the south side of Highway 26 in Wells and 5 minutes before reaching world famous Barkerville tourism destination.

    Area Data

    Wells is an authentic 1930s gold boom town. Fast forward to present time, the Town has become an entrance to history, entertainment and year-round adventure.

    A five-minute drive from Wells is the 19th century gold rush theme town of Barkerville which is a popular tourism destination for local and international tourists. It is one of Canada’s most popular historic sites.

    Bowron Lake, which is a 30-minute drive from Wells, is the entrance to a world-renowned canoeing circuit.

    A large portion of revenue and employment is gained in Wells from visitors and new residents seeking an accommodation platform for tourism, gold mining and adventure exploring.

    An active vibrant community in Wells is host to the popular annual August weekend music festival. As well, the local 1930s theatre has been restored and offers live entertainment.

    The available acreage is walking distance to all amenities in Wells. This includes the theatre, restaurants, pubs, stores and the gas station.

    Wells’ services include an elementary school, a library, volunteer fire brigade, two-officer RCMP detachment, primary care clinic, ambulance, weekly bus service to Quesnel (where there is a hospital and large box stores), retail outlets, restaurants, pubs and a gas station. The 1930s theatre in Wells has been restored by its owners and offers live entertainment year-round.

    Recreation

    As well as a harbour of opportunity, Wells is a gateway to an adventurers’ paradise. A vast mountainous pristine network of hiking, ATV, cross-country skiing and snowmobiling trails lead to breathtaking views and wildlife viewing. Downhill skiing is a 20-minute drive from Wells.

    There is an abundance of local wildlife in the area including moose, black and grizzly bears.

    Nearby Barkerville offers tourists a trek back in time to the 1860s gold rush. Talented character actors dressed in 19th century costume offer world class entertainment from May to September. The prosperous tourist town has expanded its activities and now offers a winter venue.

    History

    To date, historians recognize two previous gold rushes. The first placer gold rush led to a wildly successful claim staking frenzy in the late 1850s. Thousands of fortune hunters and entrepreneurs created the town which would later be named after one of the most well-known of the miners, Billy Barker.

    The second gold rush began in Wells during the early 1930s during the Depression. The rich gold-laced bedrock attracted visionary Fred Wells who created a full-service vibrant town providing employment for hundreds. Wells was one of the few towns in BC where work was abundant during the Depression years.

    Fred Wells’ lucrative Cariboo Gold Quartz mine grew the town’s population to over 4,000 during the 1940s.

    Today, the town reflects its beginnings in the heart of gold country. Many of the original buildings are being restored. The museum is housed in one of the original mining company buildings.

    Beginning in the 1990s, the easily accessible mountain town of Wells in central BC began again to emerge as both a tourism destination and, also, with new technology, the iconic town is yielding new discoveries over its expansive network of underground ore treasure.

    Map Reference

    53° 6'8.78"N and 121°33'53.89"W

    Investment Features

    Recently, Osisko Gold Royalties purchased an additional 67.4% of Barkerville Gold Mines to now own 100% of the company which is based in Wells. This is in response to new gold discoveries and economic assessment.

    Significant infrastructure is being made by Osisko who plan on bringing 3-phase power into the town at an estimated cost of $18 million.

    Nearby major tourism attractions include Canada’s national treasure, Barkerville historic gold rush town. Famed Bowron Lake canoeing circuit is a 30-minute drive.

    Recent sales activity in the Town of Wells supports commercial land value at $16 ft2, provided the District of Wells approves comparable density.

    If needed, a comprehensive development proposal may be required for a density variance.

    Services

    Municipal water, sewer, power, telephone and Internet.

    Improvements

    Full-service RV park, office/residence, caretaker’s cabin, washhouse and manufactured home.

    Tax Details

    $3,871 (2019)

    Zoning

    Wells Commercial District (CW) Zone

    Uses Permitted

    Residential Uses

    • Accessory dwelling unit
    • Multi-family residential dwelling

    Non-Residential Uses

    • General store, convenience store, grocery store, pharmacy
    • Retail sale of household and personal goods
    • Business, professional or government office
    • Restaurant, bakery, delicatessen
    • Personal service shop
    • Artisan studio and gallery
    • Merchandise service shop
    • Bank or financial institution
    • Postal outlet
    • Motor vehicle fuel station, motor vehicle service station
    • Liquor store, neighbourhood public house
    • Hotel, motel, lodge, resort, health spa
    • Dry cleaners, laundromat
    • Community hall or auditorium, recreational facility, library
    • Museum, historic site or gallery
    • Antique and second-hand sales
    • Commercial club, fraternal club or organization
    • Campground, recreational vehicle park
    • Recreational facility
    • Concession stand, coffee house, confectionery or curio shop
    • Public use or community care facility
    • Ancillary buildings and ancillary uses
    • Commercial tour operator

    Legal

    LOT 1 DISTRICT LOT 131 CARIBOO DISTRICT PLAN PGP40908
    PID 023-677-007

    LOT 3 DISTRICT LOT 131 CARIBOO DISTRICT PLAN 23836 CSA #10638 (No MHP Registry)
    PID 008-466-424

    Maps & Plans

    Map01

    Maps & Plans

    Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest® does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.