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    Marketing British Columbia to the World®
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    Affordable Commercial/Investment Opportunity in the Tourist Hub of Lytton, BC

    Thompson Nicola Listing No. 19277

    Commercial opportunity with with direct exposure onto Main Street. 4,000 ft2 two-storey office building on the most northern lot along with a Quonset. Middle lot has an additional 425 ft2 office building, rented at $500/month. Southern most lot ready for development.


    Price
    $369,000

    Size
    0.33 of an acre ~ 3 titles

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    Description

    Excellent investment opportunity for an entrepreneur looking to add to their investment portfolio. The commercial site offers three independent titles and three leasable structures. All three lots offer 0.11 acres in land (0.33 cumulative) and front onto Main Street in the tourist hub of Lytton, BC.


    The most northern parcel (281 Main Street) possesses a 4,000 ft2 office building with two floors of leasable space. The second level is currently being leased to a couple tenants for a few $100 per month. The building was constructed in 1977 and is of sound construction. There are large bright windows throughout the building’s exterior to allow the warm Lytton sun to illuminate the interior workspace.


    Behind the office complex, on the same lot, there is a 2,000 ft2 Quonset serving as an excellent storage option for tools, equipment and vehicles. This space could also be rented out for its storage capacity.


    The lot to the south (261 Main Street) houses an additional office/retail structure with 425 ft2 of leasable space. This structure is currently under lease for $500/month.


    The final adjacent lot (243 Main Street) sits vacant and can serve as an additional parking option for tenants, or could be developed down in the future.

    Location

    The three titles are located on the east side of Main Street in Lytton, BC in between 2nd Street and 3rd Street.

    Access

    From Hope BC, head north on Highway 1 for approximately 110 km. You will pass through the towns of Yale and Boston Bar. When you reach the intersection of Highway 12 and Highway 1, exit to the west and head down the hill into the town of Lytton. The properties will be on the east side of Main Street just under 1 km from the exit on Highway 1.

    Area Data

    The town of Lytton resides at the confluence of the Thompson and Fraser River. The town is known as the warmest annual location in all of Canada. Lytton is known to have a warm Mediterranean-like climate. The winters are short and mild, and the summers are warm with ample annual sunshine.


    The population in Lytton proper is approximately 270, but the area surrounding Lytton is home to over 2,000 people.


    Tourism is a main economic driver for the town being located just off the busy Highway 1. The town has rapidly become known as the River Rafting Capital in Canada, with several tourist companies offering white water rafting excursions on the Thompson and Fraser River.


    Some of the other key economic drivers for the town including forestry, fishing (sturgeon, salmon and steelhead) and agriculture. The warm climates and ample water help farmers produce impressive seasonal hay yields.


    Lytton is home to several restaurants, a RCMP detachment, hotels, medical clinics and more.


    The Lytton First Nation Band has their head office in Lytton itself. The Lytton First Nation Band is the largest of all Nlaka'pamux bands.

    History

    The region’s history is entrenched around the gold rush of the 19th century. In 1860, the town of Lillooet (just north of Lytton) was one of the largest cities west of Chicago. Often, gold flakes can still be seen suspended in the water of Seton Lake if you look closely.


    Camels are a unique symbol of the region’s history and you may notice numerous buildings and signs that bare their name or image. In 1858 a local entrepreneur imported 23 Bactrian camels to serve as pack animals for the region’s gold rush. The animals proved to be a nightmare, as they ate the clothing of miners, kicked and spat at anyone who came near and spooked the other pack animals. They would eventually be released into the wild where they would die off. The primary bridge connecting the town of Lillooet to Highway 12 is now called “The Bridge of 23 Camels” in their honor.


    The town of Lytton itself is known as one of the earliest locations settled in BC by non-natives.

    Investment Features

    • Second floor of office building on 281 Main Street currently under lease and the main floor is vacant, but ready for tenant or owner/user
    • 425 ft2 office/retail building under lease on 261 Main Street for $500/month

    Services

    • Electrical
    • Water - community
    • Sewer - community
    • Natural gas
    • Air conditioning for the second floor of the main office building

    Improvements

    • 4,000 ft2 office building (two stories)
    • 2,000 ft2 Quonset
    • 425 ft2 office/retail building

    Tax Details

    $7,057 (2018)

    Zoning

    C-1 (General Commercial)


    Principle Uses

    • bus and taxi depot
    • entertainment facility
    • general services
    • funeral parlour
    • indoor recreation facility
    • merchandizing, general
    • merchandizing, specialized
    • multi family dwelling
    • neighbourhood pub
    • office
    • personal services
    • professional practice
    • public assembly
    • restaurant
    • service station
    • shopping centre
    • tourist accommodation
    • tourist information centre

    Legal

    Lot 2 Block 14 Section 1 Township 15 Range 27 west of the 6th meridian Kamloops Division Yale District townsite of Lytton
    PID 011-626-291


    Lot 3 Block 14 Section 1 Township 15 Range 27 west of the 6th meridian Kamloops Division Yale District townsite of Lytton
    PID 011-626-321


    Lot 4 Block 14 Section 1 Township 15 Range 27 west of the 6th meridian Kamloops Division Yale District townsite of Lytton
    PID 012-870-579

    Maps & Plans

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    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.

    Location