LOADING

7785 Cowichan Lake Rd Lake Cowichan, British Columbia V0R 2G0

Acreage

$1,395,000

Here is a rare opportunity to buy a 1.57 acre just 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, Some of the usages but not limited to include hotel, bakery, cafe, liquor retail, pub, catering.......The present owner has done a phase 1 and phase 2 environmental study as well as installed a new state of the art well, and a new pressurized septic system spending over 200k. 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:24231)

Property Details

MLS® Number 912084
Property Type Multi-family
Neigbourhood Lake Cowichan
Plan Vip52208

Building

Fireplace Present No
Type Multi-family

Land

Access Type Road Access
Acreage Yes
Size Irregular 1.57
Size Total 1.57 Ac
Size Total Text 1.57 Ac
Zoning Type Unknown

https://www.realtor.ca/real-estate/24784615/7785-cowichan-lake-rd-lake-cowichan-lake-cowichan

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