Address
74 South Shore Rd, Lake Cowichan, BC
Price
$ 949,900
Property Attributes
  • ID#1039951
  • TypeCommercial
  • Listing Status Active
  • MunicipalityLake Cowichan
  • CityLake Cowichan
  • AreaLake Cowichan
  • NeighbourhoodLake Cowichan
  • Postal CodeV0R 2G0
  • Style
  • Price$ 949,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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:7434)

General Features

Property Type Other
Zoning Description c1
ZoningType Unknown
Neighbourhood Lake Cowichan
Building Cooling Type Air Conditioned
Parking Space Total 5
Building Type Commercial Mix
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters, Heat Pump
Building Heating Fuel Electric

Exterior Features

ViewType Mountain view

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V0R 2G0

Price
AVG $2.92M
$950K