REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Myles McCullough REMAX Professionals (NA)
$ 4,200,000
Est. payment /mo
New
1765 Cowichan Bay Rd Duncan, BC V0R 1N0
5,300 SqFt
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
GET MORE INFORMATION