Erbe Feed – Unique Opportunity to Own a Longstanding Mill in the Grain Producing Region of Dawson Creek, BC

$ 1,370,000

This long-standing family business, Erbe Feed, and the associated land and buildings is for sale in Dawson Creek.  This is a unique opportunity to invest in the downstream component of...

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Overview

  • Updated On:
  • April 11, 2022

Description

This long-standing family business, Erbe Feed, and the associated land and buildings is for sale in Dawson Creek.  This is a unique opportunity to invest in the downstream component of the agricultural industry offers enormous opportunity in the grain rich region of British Columbia’s Peace River Region.  Erbe Feed was prominent in Dawson Creek’s farming community for supplying livestock feed, supplements, grain, salt, pet food, grass seed and fencing supplies.  Although the business component is not currently operational, the name and reputation still hold high regard in the community.  Erbe Feed operated in the community for 40 years.

The property offers a fully functional grain mill with 400 tonnes of grain storage, 4 grain bins, 2 hopper bins, a 14’ bay door with drive through bay, scale, heated office and bathroom.  The mill is still operable and ready to start working immediately.

Sharing the property with the mill is a Norwegian styled barn with attached bridge building.  There is also a newer 90’ x 60’ wired shop with concrete floor and a 24’ x 22’ detached double garage, which is wired and insulated.

The home is also of Norwegian craftsmanship offering 3,142 ft2 of living space.  The original cabin portion of the home was built in 1917 with the rest of the home built on at a later date.  This heritage home has been wonderfully maintained and sits on a newer foundation and has had a new roof installed back in 2019.  The home offers 4 bedrooms on the top floor along with a 3-piece bathroom.  Each bedroom is spacious and possesses a full walk-in closet.  The bedrooms also provide excellent views of the town of Dawson Creek and the surrounding landscape.  The staircase up to the top floor is especially wide making it easy to move furniture up and down the stairs.

Throughout the main floor is the kitchen, living room, dining room, laundry room, 3-piece bathroom, an office and family room.  The original cabin (1917) is considered the family room and brings a unique sense of character to the home.  Off the main floor is an east facing porch where a new owner may enjoy the warm summer sun.  From the porch, you enter the home’s foyer area where you can shed winter clothing and muddy footwear.

The basement has a separate exterior entry.  It is full size but requires some finishing.  There is a single bedroom, cold room and laundry hook-ups.

The property itself offers 31 acres with a flat bench on the northern portion.  This bench makes excellent hay, or pastureland.  The property is perimeter fenced to hold horses and livestock.  There is approximately 20 acres of hay/pastureland.

The property along with the home, shop and mill infrastructure create a unique and special package with significant income producing capabilities.  As food security becomes ever more important, this is your opportunity to claim your stake in the downstream component of the agricultural industry.

LOCATION

1040A Highway 49 – Dawson Creek, BC

AREA DATA
The Peace River region of British Columbia lays claim as the most robust and diverse economic region of the province outside of the Lower Mainland.  The regional GDP has exceeded $6.6 billion over the last several years and employment opportunities abound.  The region also possesses 40% of the cumulative provincial ALR lands.  This statistic demonstrates the regional economic reliance on agriculture.

The region’s annual average temperature rests between -2.9 to 2 degrees Celsius and the region receives approximately 330-570 mm of annual precipitation.  The area possesses rich, fertile soil and produces more wheat, barley and grass seed than any other region of the province.  The continual flooding and retraction of the Peace River thousands of years ago created the flat topographical landscape that makes up the Peace River today.  The continual dispersion of sediment and nutrients by this major watershed created to the highly productive growing soils throughout the region.

The economy of Dawson Creek is based on four major industries: agriculture, retail, tourism, and oil and gas.  Agriculture has historically been the most important industry to Dawson Creek, as the city is the regional transshipment point for agricultural commodities.  The city is surrounded by the Agricultural Land Reserve, where the soil can support livestock and produces consistently good yields of quality grain and grass crops, such as canola, hay, oats, alfalfa, wheat, and sweet clover.  The service and retail sector caters to the city’s inhabitants, smaller nearby towns, and rural communities.

The city of Fort St. John is the most populace municipality in British Columbia’s Peace River Region with a population of 20,155.  The oil and gas sector continues to be the primary economic driver of the municipality with over 15% of Fort St. John residents employed directly in the industry.  Most regionally active oil/gas exploration, production and servicing companies have offices located in Fort St. John, which serve to boost other businesses particularly those in the service sector.

Grande Prairie is the region’s major economic hub with a population of approx. 65,000 residents.  The city is an oil and gas epicenter with many large companies strategically placing regional offices in the town.  As such, there are numerous supporting services and businesses in the town making Grande Prairie a thriving urban hub.

Major economic announcements regarding the $42 billion LNG Liquefaction Facility in Kitimat, and associated $600 million pipeline, intended to tie the Peace River’s Gas fields to the Kitimat’s LNG facility, shall ensure prosperity and economic growth in the Peace River for years to come.

RECREATION

Dawson Creek provides the opportunity to enjoy various forms of urban recreation.  The city offers numerous dining and entertainment experiences all within a short commute from the property.  The large event center attracts many events and concerts through the entire year.  There is always something to look forward to.

In addition to recreational activities in town, there are endless outdoor pursuits in the greater Peace River Region.  Some of the best hunting and fishing in all of British Columbia may be found in the Peace River region.  The surrounding area has robust populations of mule deer, whitetail, moose and elk, which provide ample hunting opportunities for the most discerning sportsmen.  The region also provides excellent off-roading opportunities for quads, dirt bikes and snowmobiles.

Additionally, the property is excellent for equestrian pursuits, with stunning views out over the surrounding countryside.

HISTORY

In 1951 the Peace River region gained fame, as a major producer of oil and gas in British Columbia.  In that year the “Fort St. John No. 1” well hit gas at a depth of 1,524 metres.  A few months later, in January 1952, the first deep well hit gas at 4,418 metres.  Drilled on the Bouffioux Farm, that well is still producing today.

Transportation/infrastructure improved at a rapid rate after that. In 1952, the Hart Highway finally connected the region to the rest of British Columbia, and in 1958 the Pacific Great Eastern Railway arrived in Dawson Creek.  That ease of transportation has allowed the region’s agricultural and forest industries to compete in distant markets.

MAP REFERENCE

55°45’13.23″N and 120°12’9.31″W

INVESTMENT FEATURES

  • Operable mill
  • 4 grain bins
  • 2 hopper bins
  • 20 acres in hay production
  • Perimeter fencing

SERVICES

  • Power
  • 2 cisterns
  • 2 dugouts
  • Septic lagoon
  • Natural gas heating

IMPROVEMENTS

  • 3,142 ft2 Norwegian crafted heritage home
  • Barn
  • Detached double garage
  • 60’ x 90’ shop with 16’ door and concrete floor

TAXES

$2,011.59 (2022)

ZONING

A-1

LEGAL

LOT 1 SECTION 14 TOWNSHIP 78 RANGE 15 WEST OF THE 6TH MERIDIAN PEACE RIVER DISTRICT PLAN 17451

PID 011-486-619

 

Province:
Country: Canada
Open In Google Maps
Property Id : 31351
Price: $ 1,370,000

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