1241 Sutherland Dr, Cowichan Bay, British Columbia

About 1241 Sutherland Dr

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:6289)

More Info on this Cowichan Bay Other MLS® listing

1241 Sutherland Dr is an other listing for sale in Cowichan Bay. The MLS® number is 1050222. It's currently listed for $2,507,635. For more details on MLS® 1050222, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Cowichan Bay is available now!

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