8248&8256 Island S Hwy, Fanny Bay

$4,200,000 |   MLS® Number  1018922

Other Property for sale in Fanny Bay, Union Bay/Fanny Bay, 8248&8256 Island S Hwy, 1018922 | Realtylink.org

Other Property for sale

Style
Other
Year Built
1965
Lot Size
139,392 sqft
Gross Property Tax
$14,139 /year
Zoning
TC2/C1-A
Amenities
Accessible Entrance
7

Avison Young is pleased to present a rare opportunity to acquire a prime waterfront mixed-use investment Property in Fanny Bay, BC, featuring significant revenue upside. Situated on 3.20 acres of strategically located land, the Property features a diverse income-generating mix including an RV park (Lighthouse RV Park), gas station (Canco), convenience store (One Stop), restaurant (for lease), residential apartment units (3), and a boat moorage facility. Ideally positioned between Nanaimo and Courtenay, the Property benefits from strong visibility and accessibility, drawing consistent traffic from commuters, tourists, and local residents alike, and only a short 40 minute drive to Mount Washington Ski Resort. This offering delivers strong in-place cash flow with substantial upside potential through targeted operational efficiencies and strategic lease optimization-projected to drive an increase in net operating income of approximately $100,000. With breathtaking ocean views, an exceptional location, and multiple income streams, this Property offers investors a unique blend of lifestyle appeal and strong cash-flow