Area: British Columbia
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Here is a rare opportunity to buy a 1.57 acres that is located just minutes to Lake Cowichan and offering a massive upside. This property has 8 existing rentals and a C4 zoning that allows a huge variety of usages, The present owner has done a phase 1 and phase 2 environmental study as well as installed a new state of the art well, a new pressurized septic system and just finished a complete electrical overall Total for all work over 250k.Some of the usages but not limited to include hotel, bakery, cafe, liquor retail, pub, catering....... There is the original shop out front that is not being used at all that could be turned back into a business as well. The property has so much potential and you can collect the rents from the existing units (mostly under rented) whilst you decide what the future may be. This is a great holding property make it yours (id:44056)

Property Details

Full Address:
7785 Cowichan Lake (Off) Rd, Lake Cowichan, British Columbia
Price:
$ 995,000
MLS Number:
986020
List Date:
January 31st, 2025
Lot Size:
1.57 ac
Taxes:
$ 5,911

Interior Features

Air Conditioning:
None
Heating:
Baseboard heaters
Fireplaces:
2

Building Features

Zoning:
Other
Garage Spaces:
200
Ownership Type:
Freehold
Legal Description:
29
Taxes:
$ 5,911

Floors

Finished Area:
2 sq.ft.
Main Floor:
1 sq.ft.

Land

Lot Size:
1.57 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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David Scotney Pemberton Holmes Ltd.
 250-384-8124
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Listing Agent(s)

Listing: David Scotney
Pemberton Holmes Ltd.

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