1765 Cowichan Bay Rd, Duncan BC V0R 1N0

1765 Cowichan Bay Rd, Duncan BC V0R 1N0 - Other for Sale in Duncan, BC

This 0 bedroom, 0 bathroom other is listed for sale at $4,200,000 in Duncan, British Columbia. Lot size: 94,961 sq ft (2.18 acres).MLS® #1044948.

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.

Looking for homes for sale in Duncan? Browse Duncan 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.