4635&4655 Lanes Rd, Cowichan Bay

$1,990,365

MLS® 1050216

4635&4655 Lanes Rd, Cowichan Bay - Image 1

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. Buyer package available with signed NDA. Buyer to confirm all details. (id:44056)

    Property Details
    Full Address:4635&4655 Lanes Rd, Cowichan Bay, British Columbia
Price:$ 1,990,365
MLS Number:1050216
List Date:September 18th, 2026
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
    Business Type:Recreation

Neighbourhood Details

Location

Mortgage Calculator

powered by

Matt Fawsitt Colliers

604-818-5155

Request Listing Info

Name*
First Last
Email*
Phone
Subject

Is this your listing?Advertise With Us!

Listing Agent(s)

Lead Agent: Matt Fawsitt
Office: Colliers
Originating Board: Vancouver Island Real Estate Board

Similar Listings