1241 Sutherland Dr, Cowichan Bay BC V0R 1N2

1241 Sutherland Dr, Cowichan Bay BC V0R 1N2 - Other for Sale in Cowichan Bay, BC

This 0 bedroom, 0 bathroom other is listed for sale at $2,720,600 in Cowichan Bay, British Columbia. Lot size: 50,965 sq ft (1.17 acres).MLS® #1038026.

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

Looking for homes for sale in Cowichan Bay? Browse Cowichan Bay real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Du Cowichan Bay neighborhood. Part of the Duncan area.