V0R Commercial Land Properties for Sale

Commercial Real Estate in V0R available for sale

V0R Commercial Land for Sale

1241 Sutherland Dr

Cowichan Bay, BC V0R 1N2

Land for Sale
$5,280,000 CAD
1.50 AC Lot

Cowichan Bay Land for Sale

1.5-Acre premium waterfront property in Cowichan Bay featuring an established 84-slip marina and short-term rental operation generating a projected stabilized net income of approximately $386,000. With over $2.5M in recent upgrades and 23 years remaining on an assignable foreshore lease, the property offers strong in-place income and significant development potential.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2026-02-19

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983 Peninsula

Ucluelet, BC V0R 3A0

Land for Sale
$2,495,000 CAD
5.30 AC Lot

Ucluelet Land for Sale

The property represents an opportunity to acquire a 5.3 acre waterfront property on Spring Cove in Ucluelet. The property is zoned R-1 (single family) and is designated as “Industrial” in the District of Ucluelet’s Official Community Plan (OCP). The property has historically been utilized by the Canadian Fishing Company as a commercial fish dock, ice-house, and crew residence. There is a 4-bedroom cabin on site (approximately 1,295 SF) and a net storage building with a caretaker’s residence on the top floor. There is also a 4.7 acre water lot leased on the eastern boundary of the subject property with a large pier, dock, piles, and decommissioned icehouse leasehold improvements. There are 23 years remaining on the lease.