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$ 1,050,000
Est. payment /mo
Active
7785 Cowichan Lake (Off) Rd Lake Cowichan, BC V0R2G0
2 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $525,000
Subdivision Lake Cowichan
MLS® Listing ID 986020
Originating Board Victoria Real Estate Board
Lot Size 1.570 Acres
Acres 68389.2
Property Sub-Type Freehold
Property Description
Here is a rare opportunity to buy a 1.57 acres that is located just minutes to Lake Cowichan and offering a massive upside. This property has 8 existing rentals and a C4 zoning that allows a huge variety of usages, The present owner has done a phase 1 and phase 2 environmental study as well as installed a new state of the art well, a new pressurized septic system and just finished a complete electrical overall Total for all work over 250k.Some of the usages but not limited to include hotel, bakery, cafe, liquor retail, pub, catering....... There is the original shop out front that is not being used at all that could be turned back into a business as well. The property has so much potential and you can collect the rents from the existing units (mostly under rented) whilst you decide what the future may be. This is a great holding property make it yours (id:24570)
Location
Province BC
Zoning Other
Rooms
Extra Room 1 Auxiliary Building 1 ft X 1 ft Other
Interior
Heating Baseboard heaters
Cooling None
Fireplaces Number 2
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 200
Private Pool No
Others
Ownership Freehold
Listed by Pemberton Holmes Ltd.