1241 Sutherland Dr Cowichan Bay, British Columbia V0R 1N2
$2,943,600
Endless potential with this rare mixed-use waterfront opportunity at Paradise Marina. Nearly 1.5 acres (combined with 4635 Lanes Rd) 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 4635 Lanes Rd (id:59709)
Business
| Business Type | Recreation |
| Business Sub Type | Marina |
Property Details
| MLS® Number | 1038026 |
| Property Type | Other |
| Neigbourhood | Cowichan Bay |
| Plan | Vip77541 |
Building
| Size Exterior | 2600 Sqft |
| Type | Other |
Land
| Acreage | Yes |
| Size Irregular | 1.17 |
| Size Total | 1.17 Ac |
| Size Total Text | 1.17 Ac |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29800223/1241-sutherland-dr-cowichan-bay-cowichan-bay
Contact Us
Contact us for more information
Matt Fawsitt
#1100-1067 West Cordova Street
Vancouver, British Columbia V6C 1C7
(604) 681-4111
(604) 661-0849
collierscanada.com/
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May 25 2026 04:51:05
Vancouver Island Real Estate Board
Colliers