About 8248&8256 Island Hwy S
Avison Young is pleased to present a rare opportunity to acquire a prime waterfront mixed-use investment Property in Fanny Bay, BC, featuring significant revenue upside. Situated on 3.20 acres of strategically located land, the Property features a diverse income-generating mix including an RV park (Lighthouse RV Park), gas station (Canco),convenience store (One Stop), restaurant (for lease), residential apartment units (3), and a boat moorage facility. Ideally positioned between Nanaimo and Courtenay, the Property benefits from strong visibility and accessibility, drawing consistent traffic from commuters, tourists, and local residents alike, and only a short 40 minute drive to Mount Washington Ski Resort. This offering delivers strong in-place cashflow with substantial upside potential through targeted operational efficiencies and strategic lease optimization.
Features of 8248&8256 Island Hwy S
| MLS® # | 1018922 |
|---|---|
| Price | $4,200,000 |
| Bathrooms | 0.00 |
| Acres | 3.20 |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 8248&8256 Island Hwy S |
|---|---|
| Area | CV Union Bay/Fanny Bay |
| City | Fanny Bay |
| County | Comox Valley Regional District |
| Province | BC |
| Postal Code | V0R 1W0 |
Amenities
| Utilities | Cable Available, Electricity Available, Garbage, Recycling |
|---|---|
| Parking Spaces | 44 |
| Parking | RV Access/Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Other |
|---|---|
| Construction | Frame Wood |
| Foundation | Other |
Additional Information
| Date Listed | November 3rd, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | TC2/C1-A |
Listing Details
| Office | Avison Young Commercial Real Estate Services |
|---|