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$999,900
Est. payment /mo
7,654 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Lake Cowichan
MLS® Listing ID 1039951
Lot Size 7,654 Sqft
Acres 7654.0
Property Sub-Type Freehold
Property Description
Prime commercial opportunity in the heart of Lake Cowichan's thriving business and service district. With major capital improvements already completed—including a brand-new roof (2026) & freshly painted exterior. The building features a durable concrete block construction, and a 400-amp electrical service—this multi-unit commercial building offers a turn-key investment in one of Vancouver Island's most vibrant lake communities. Situated on the town's main commercial corridor, the property enjoys exceptional visibility, excellent signage exposure, wheelchair friendly, and convenient ample parking on-site, all surrounded by popular restaurants, coffee shops, retail stores, accommodations, and professional services. Zoned C-1, which permits a broad range of business activities including expanding the building and footprint for more potential. The building comprises four separate storefront units, each with its own entrance, display windows, and dedicated 100-amp electrical panel. Two units are currently leased or committed on long-term agreements, while two vacant units provide immediate income-growth potential. Flexible commercial uses include professional offices, medical or dental services, salons, retail operations, and a variety of service-oriented businesses. Serving as the commercial hub for the lakeside communities of Lake Cowichan, Youbou, and Honeymoon Bay, the downtown core supports a strong year-round population while also benefiting from a significant seasonal influx of visitors drawn to the recreation and natural beauty of Cowichan Lake. This unique combination of local and tourism-driven traffic creates excellent exposure and business opportunities throughout the year. Whether you're expanding your commercial portfolio or seeking a strategically located income-producing asset, this well-maintained property offers a rare opportunity in a growing community that continues to attract residents, entrepreneurs, and visitors from across the globe. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Air Conditioned
Exterior
Parking Features No
View Y/N Yes
View Mountain view
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Others
Ownership Freehold
Virtual Tour https://youtu.be/pXHCMM52S7U
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Listed by RE/MAX Generation (LC)
NEARBY PROPERTIES FOR SALE
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