Cowichan Bay · Commercial Sale · MLS® 1033328

4544 Lanes Rd, Cowichan Bay

$3,500,000
88Days on Market

About this property

Here is an opportunity to acquire a very unique Waterfront revenue property on Southern Vancouver Island.
This 5+ acre parcel contains a 19 unit senior’s mobile home park, large house with panoramic ocean views, a
six unit apartment building and an older house. All units currently rented with and 2024 EGI of
approximately 237,000. The property slopes toward the water so most units have ocean views. The location
is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to
increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers request

Features & details

DDF Property Type Multi-family
Building Type Multi-Family
Land Size 227,383 sq ft (5.22 acres)
Feature Sloping
Feature Other
Feature Rectangular
Property Type Multi Family
Water Source Cistern,Well: Drilled
Sewer Septic System
Zoning MP1

Location

Brokerage Listed by Royal LePage Duncan Realty. Information is deemed reliable but not guaranteed.