7785 Cowichan Lake (off) Rd, Lake Cowichan, BC

$1,095,000

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1

Square foot

1.57

Acres

About 7785 Cowichan Lake (off) Rd

Now priced 140k under assessed value....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 your

Features of 7785 Cowichan Lake (off) Rd

MLS® # 950211
Price $1,095,000
Bathrooms 0.00
Square Footage 1
Acres 1.57
Type Residential
Sub-Type Single Family Detached
Status Active

Community Information

Address 7785 Cowichan Lake (off) Rd
Area Du Lake Cowichan
City Lake Cowichan
County Cowichan Valley Regional District
Province BC
Postal Code V0R 2G0

Amenities

Parking Spaces 200
Parking Driveway, Other
Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Cooling None
Fireplace Yes
# of Fireplaces 2
Fireplaces Living Room

Exterior

Roof Other
Construction Other
Foundation Other

Additional Information

Days on Market 162
Zoning C4

Listing Details

OfficePemberton Holmes - Cloverdale

Listing Map

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