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MLS® 1006692

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $9,274
Approx. Age 
MLS® Number 1006692

Property Address: 4635 Lanes Rd, Cowichan Bay, BC, V0R1N2

Average square foot calculated using Size range provided by listing agent.

Description

Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 1241 Sutherland Dr.) of low-bank waterfront with stabilized net income of approx. $340, 000. Potential gross income is approx. $590, 000, with operations trending toward stabilization. Vendor take back financing available. OCP outlines future mixed-use supporting commercial units. Potential to add up to 17 cabins for recreational hoteling or retreat use, with accessory options like cafes, restaurants, or retail. Includes 2 rebuilt Superhost-rated cabins, redesigned marina with 84 slips, 2, 800 linear ft of dock, launch ramp, and $2.5M in upgrades. Docks recently added, dragged, retightened with new anchoring, electrical, and metered slips. Marina is in demand with simple, efficient operations. 23 years remain on assignable and transferable foreshore lease. Ownership open to assisting new management with training. Must be sold with 1241 Sutherland Dr.Show Description
MLS® Number1006692
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

00/00/0000End Date
$XXX,XXXSold Price
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00/00/0000List Date
$XXX,XXXList Price
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Starting Address
Destination Address
4635 Lanes Rd, Cowichan Bay, BC

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