1765 Cowichan Bay Rd$4,200,000
Property Description
Rare turnkey opportunity in picturesque Cowichan Bay: The Bluenose Marina, a marina and float-home community on 2.19 acres of protected Vancouver Island waterfront, with approximately 56 slips and 5 established commercial tenants in place. Moorage here is scarce, making this offering hard to replicate, and current moorage tenants are mostly annual with few seasonal. The commercial mix, the Vine Restaurant, Udder Guys Ice Cream, an art and artisan shop, a boutique, and a dockside kayak tour operation, generate steady foot traffic and reliable retail income. The property indicates an approximate 8% cap rate based on the current year's performance and historical expenses. All docks have been rebuilt in Douglas fir with foam flotation, including a ~120 ft concrete dock for larger vessels, plus 400-amp three-phase power distributing up to 50 amps at each slip, a new water system routed to resist winter freezing, and a negative-pressure septic system serving all float homes.
Property Details
- Property ID:31894135
- Price:$4,200,000
- Property Type:Commercial Sale
- Lot Size:94743.00 sq ft
- Status:Active
- City:Duncan
- State/Province:BC
- Postal Code:V0R 1N0
- Listing Agent:Myles McCullough
- Office:REMAX Professionals (NA)
Condition
- 3 Bedrooms
- 2 Bathroom
- 1 Garage
- 1 Balcony
- 4800 sq ft
- TV
Features
- Air conditioning
- Wifi
- Swimming Pool
- Double Bed
- Balcony
- Telephone
- Garage
- Parking
- TV
- Home Theater
- Alarm
- Garage
- Gym
- Electric Range
- Private space
Floor Plans
| Size | Rooms | Bathrooms |
| 1600 | 3 | 2 |
Property Vedio
Property Location
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