Area: British Columbia
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Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 1241 Sutherland Dr.) 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 1241 Sutherland Dr. (id:44056)

Property Details

Full Address:
4635 / 4655 Lanes Rd, Cowichan Bay, British Columbia
Price:
$ 2,336,400
MLS Number:
1038031
List Date:
May 25th, 2026
Neighbourhood:
Cowichan Bay
Lot Size:
13121 sq.ft.
Taxes:
$ 10,419

Interior Features

Building Features

Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 10,419

Floors

Land

Lot Size:
13121 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

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Location

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Matt Fawsitt Colliers
 604-818-5155
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Listing Agent(s)

Listing: Matt Fawsitt
Colliers

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