BC > Cowichan Bay
Cowichan Bay, BC V0R 1N2,1241 Sutherland Dr
Cowichan Bay, BC V0R 1N2,1241 Sutherland Dr
Cowichan Bay, BC V0R 1N2,1241 Sutherland Dr
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Dallas King PREC

Dallas King PREC

+1(250) 858-5465
$ 3,278,100
Est. payment | /mo

1.17 Acres Lot

Save Virtual Tour
$ 3,278,100
Est. payment | /mo
Save Virtual Tour

1.17 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1006691

Rental Info Unrestricted

Annual Tax Amount $5,396

Tax Year 2025

Lot Size 1.170 Acres

Acres 1.17

Property Sub-Type Other

Property Description

Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 4635 Lanes Rd) 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 4635 Lanes Rd

Location

Province BC

County Cowichan Valley Regional District

Area Du Cowichan Bay

Exterior

Parking On Site 1

Others

Pets Allowed Yes

Tax ID 026-061-520

Ownership Freehold

Virtual Tour https://www.youtube.com/watch?v=I-3CenIrTsI

Listed by Colliers
Dallas King PREC

+1(250) 858-5465

dallas@cowichanlakehomes.com

81 Cowichan Lake Rd, Cowichan, V0R, 2G0, Canada

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