1765 Cowichan Bay Rd, Duncan

$4,200,000

MLS® 1044948

Rare turnkey opportunity on Vancouver Island's protected south coast: The Bluenose Marina, a marina and float-home community set on 2.19 acres of waterfront in picturesque Cowichan Bay, with approximately 56 slips, six float homes, and five established commercial tenants in place. This well-improved, income-producing marine asset also delivers a truly unmatched coastal lifestyle, appealing equally to the investor and the owner-operator. Moorage in the bay is scarce, making an offering like this exceptionally hard to replicate, and current moorage tenants are mostly long-term, with few seasonal. The curated commercial mix, the Vine Restaurant, Udder Guys Ice Cream, an art and artisan shop, a boutique, and a dockside kayak tour operation, are successful, established businesses generating steady foot traffic and retail income. The property indicates an approximate 8% cap rate based on the current year's performance and anticipated expenses. The infrastructure is a standout. A solid dock system has been rebuilt in heavy Douglas fir with foam flotation, including approximately 120 feet of concrete dock for larger vessels. Power is 3-phase, 400-amp, distributing up to 50 amps at each slip, and a large-capacity vacuum septic system has been installed. Included assets comprise a service barge with workshop and storage, along with the equipment and supplies on-site. A year-round operating water system was recently installed. Step off the dock and Cowichan Bay is yours: a welcoming village of waterfront restaurants, pubs, and galleries, minutes from Sansom Narrows, the Gulf Islands, and some of the finest cruising waters on the coast. With strong, diversified income and a lifestyle found only here, The Bluenose Marina is a genuinely unique offering. Contact the listing team for the full information package. (id:44056)

    Property Details
    Full Address:1765 Cowichan Bay Rd, Duncan, British Columbia
Price:$ 4,200,000
MLS Number:1044948
List Date:August 5th, 2026
Building Size:5300 sq.ft.
Lot Size:2.17 ac
Taxes:$ 20,813

    Interior Features
    

    Building Features
    Building Size:5300 sq.ft.
Zoning:Unknown
Zoning Detail:W3, W2
Ownership Type:Leasehold
Taxes:$ 20,813

    Floors
    

    Land
    Lot Size:2.17 ac
Water Frontage Type:Waterfront on ocean

    Neighbourhood Features
    

    Ratings
    

    Commercial Info
    Business Type:Recreation

Neighbourhood Details

Location

Mortgage Calculator

powered by

Myles McCullough Personal Real Estate Corporation REMAX Professionals (NA)

Request Listing Info

Name*
First Last
Email*
Phone
Subject

Is this your listing?Advertise With Us!

Listing Agent(s)

Lead Agent: Myles McCullough
Office: REMAX Professionals (NA)
Originating Board: Vancouver Island Real Estate Board

Co-Listing: Aaron Elliott
RE/MAX Camosun

Similar Listings