1765 Cowichan Bay Rd, Duncan, BC V0R 1N0
1765 Cowichan Bay Rd, Duncan, BC V0R 1N0
1765 Cowichan Bay Rd, Duncan, BC V0R 1N0
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Office RE/MAX Generation

Office RE/MAX Generation

+1(250) 294-6683
Listed by Myles McCullough REMAX Professionals (NA)
$4,200,000
Est. payment /mo
5,300 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,300 sqft

Price per Sqft $792

MLS Listing ID 1044948

HOA Y/N No

Annual Tax Amount $20,813

Tax Year 2026

Lot Size 2.180 Acres

Acres 2.18

Property Sub-Type Other

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.

Location

Province BC

County Cowichan Valley Regional District

Community Du Cowichan Bay

Area Duncan

Zoning W3, W2

Interior

Inclusions Parking, Real Estate, Trade Name(s)

Fireplace No

Exterior

Parking Features On Site

Waterfront Description Ocean Front

View Y/N No

Garage No

Others

Ownership Leasehold

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+1(250) 294-6683

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202-3440 Douglas St, Victoria, V8Z 3L5, Canada

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