1241 Sutherland Dr - Commercial LAND FOR SALE


Cowichan Bay, BC V0R 1N2 65,340 SF
$5,880,000 CAD
604-681-4111
1241 Sutherland Dr, Cowichan Bay, BC for Sale
$5,880,000 CAD
Commercial LAND - FOR SALE
1/1
65,340 SF

1241 Sutherland Dr
Cowichan Bay, BC V0R 1N2


HIGHLIGHTS

  • Premium ~ 1.5-acre waterfront property in Cowichan Bay with established marina and rental operation.
  • Stabilized projected net income of approximately $386,000 from marina operations and short-term rentals.
  • Rebuilt 84-slip marina with 2,800 linear feet of dock and 23 years remaining on assignable and transferable foreshore lease.
  • Includes 2 super host-rated cabins with potential to add 17 more for recreational retreats.

OVERVIEW

1.5-Acre premium waterfront property in Cowichan Bay featuring an established 84-slip marina and short-term rental operation generating a projected stabilized net income of approximately $386,000. With over $2.5M in recent upgrades and 23 years remaining on an assignable foreshore lease, the property offers strong in-place income and significant development potential.

FOR SALE DETAILS

PRICE

$5,880,000 CAD

PRICE/ACRE

$3,920,000/AC

PRICE/SF

$90 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.5 AC

LAND SF

65,340 SF

OFFSITE IMPROVEMENTS

-

ZONING

W-3A, C-4

APN/PARCEL ID

026-061-465,026-061-520

ASK ABOUT THIS PROPERTY

Morgan DyerColliersMore Info
604-681-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Morgan DyerColliersMore Info
604-681-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.