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JUST LISTED
$4,200,000
1765 Cowichan Bay Rd Duncan, BC V0R 1N0
Other
Property Description
Rare turnkey opportunity in picturesque Cowichan Bay: The Bluenose Marina, a marina and float-home community on 2.19 acres of protected Vancouver Island waterfront, with approximately 56 slips and 5 established commercial tenants in place. Moorage here is scarce, making this offering hard to replicate, and current moorage tenants are mostly annual with few seasonal. The commercial mix, the Vine Restaurant, Udder Guys Ice Cream, an art and artisan shop, a boutique, and a dockside kayak tour operation, generate steady foot traffic and reliable retail income. The property indicates an approximate 8% cap rate based on the current year's performance and historical expenses. All docks have been rebuilt in Douglas fir with foam flotation, including a ~120 ft concrete dock for larger vessels, plus 400-amp three-phase power distributing up to 50 amps at each slip, a new water system routed to resist winter freezing, and a negative-pressure septic system serving all float homes.
Property Details
MLS #:
1044948
ID #:
31894135
Type:
Commercial Sale
Sub-Type:
Other
Area:
Duncan
Sub-Area:
Du Cowichan Bay
Status:
Active
Lot Size:
2.18 acres
Property Tax:
$20,813 (2026)
Days on Market:
1 days
Listing provided by REMAX Professionals (NA)
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Contact Information
Myles McCullough
Sales Associate, REALTOR®
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Location
1765 Cowichan Bay Rd , Duncan, BC V0R 1N0