Property Description
Earn $350K+/Year from This Oceanfront Income Property - Denman Island. Live in luxury while earning $350,000+ annually from a turnkey wellness retreat. This 2-acre oceanfront estate with 200 feet of shoreline includes an architect-designed 3-bed, 3-bath home with 25-ft vaulted ceilings, panoramic ocean views, and a gourmet kitchen. A separate 2,200 sq ft guest building offers 3 private-entry suites, each with kitchen, fireplace, heated floors, ocean views, hot tub, and cold plunge. Wellness facilities include a romantic beachfront sauna, medical-grade infrared sauna, massage studio, caretaker cottage, EV charging, and landscaped grounds. Recognized with BC hospitality awards, the spa has shown strong revenue growth with projected income exceeding $350,000 and net income exceeding $250,000 - delivering over a 10% return on the business alone! An extraordinary opportunity to own a world-class oceanfront property that pays for itself
Property Details
MLS #:
1007012
ID #:
29468768
Type:
Commercial Sale
Sub-Type:
Business
Area:
Islands
Sub-Area:
Isl Denman Island
Status:
Active
Lot Size:
1.93 acres
Property Tax:
$6,656 (2024)
Days on Market:
143 days
Listing provided by Saba Realty Ltd
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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