1241 Sutherland Dr
Cowichan Bay, Cowichan Bay, BC, V0R1N2
Listed by Colliers
$2,507,635
- 2600 sq ft
Listed 33 days ago · MLS® 1050222
About this home
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. Buyer package available with signed NDA. Buyer to confirm all details. (id:66966)
Details
- Type
- Other
- Size
- 2600 sq ft
- Property tax
- $8,153
- Neighbourhood
- Cowichan Bay
- Municipality
- Cowichan Bay
Interior
- Fireplace
- No
Building and exterior
- Building area
- 2,600 square feet
More
- Business type
- Recreation
Location
Location is approximate. See nearby homes on the map
Listed by Colliers.
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