1765 Cowichan Bay Rd, Duncan
Rare turnkey opportunity on Vancouver Island's protected south coast: The Bluenose Marina, a marina and float-home community set on 2.19 acres of waterfront in picturesque Cowichan Bay, with approximately 56 slips, six float homes, and five established commercial tenants in place. This well-improved, income-producing marine asset also delivers a truly unmatched coastal lifestyle, appealing equally to the investor and the owner-operator. Moorage in the bay is scarce, making an offering like this exceptionally hard to replicate, and current moorage tenants are mostly long-term, with few seasonal. The curated commercial mix, the Vine Restaurant, Udder Guys Ice Cream, an art and artisan shop, a boutique, and a dockside kayak tour operation, are successful, established businesses generating steady foot traffic and retail income. The property indicates an approximate 8% cap rate based on the current year's performance and anticipated expenses. The infrastructure is a standout. A solid dock system has been rebuilt in heavy Douglas fir with foam flotation, including approximately 120 feet of concrete dock for larger vessels. Power is 3-phase, 400-amp, distributing up to 50 amps at each slip, and a large-capacity vacuum septic system has been installed. Included assets comprise a service barge with workshop and storage, along with the equipment and supplies on-site. A year-round operating water system was recently installed. Step off the dock and Cowichan Bay is yours: a welcoming village of waterfront restaurants, pubs, and galleries, minutes from Sansom Narrows, the Gulf Islands, and some of the finest cruising waters on the coast. With strong, diversified income and a lifestyle found only here, The Bluenose Marina is a genuinely unique offering. Contact the listing team for the full information package. (id:1945)
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Property details for 1765 Cowichan Bay Rd, Duncan
- Type
- Commercial
- Lot Size
- 2.17
- Ownership
- Leasehold
- Annual Taxes
- $20,813
Nearby Listings Stat
Estimated price and comparable properties near 1765 Cowichan Bay Rd
Active Listings
4
Min Price
$250,000
Max Price
$4,200,000
Avg Price
$1,598,500
Days on Market
53
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Cowichan Valley D, British Columbia / Colombie-Britannique
Population
562
Median Age
57.2
Median Income
$36,224
Dwelling Value
$401,044
Housing Tenure
Owners 72%
Renters 28%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 102.2/km²
Avg Shelter Cost: $1,254/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 16.1%
Tenants Spending 30%+: 27.3%
English only: 93.8%
English and French: 6.3%
Median Household Income: $73,088
Median Employment Income: $28,288
Price History
Listed
August 5, 2026
by REMAX Professionals (NA)
Current Price
$4,200,000
Type
Commercial
For Sale
