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Dylon Paul

eXp Realty

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Matt Fawsitt Colliers

$ 2,159,400

Est. payment -/mo

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Active

4635 / 4655 Lanes Rd Cowichan Bay, BC V0R 1N2

0.3 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1038031

HOA Y/N No

Annual Tax Amount $10,419

Tax Year 2026

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Other

Property 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.

Location

Province BC

County Cowichan Valley Regional District

Community Du Cowichan Bay

Area Duncan

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Others

Ownership Freehold

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”

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