4544 Lanes Rd, Cowichan Bay, BC

$4,300,000

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5.22

Acres

About 4544 Lanes Rd

Here is an opportunity to acquire a very unique Waterfront revenue property on Southern Vancouver Island. This 5+ acre parcel contains a 19 unit senior’s mobile home park, large house with panoramic ocean views, a six unit apartment building and an older house. All units currently rented with and 2024 EGI of approximately 237,000. The property slopes toward the water so most units have ocean views. The location is rural enough to make it peaceful but within a short drive to amenities. There is ample opportunity to increase revenue or live on the property and enjoy the view while benefiting from substantial cash flow. Financials available to qualified buyers with signed NDA. No sign at sellers request

Features of 4544 Lanes Rd

MLS® # 962242
Price $4,300,000
Bathrooms 0.00
Acres 5.22
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 4544 Lanes Rd
Area Du Cowichan Bay
City Cowichan Bay
County Cowichan Valley Regional District
Province BC
Postal Code V0R 1N2

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed May 14th, 2024
Days on Market 231
Zoning MP1

Listing Details

OfficeRoyal LePage Duncan Realty

Listing Map

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