$3,020,000
$3,200,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
1.74 Acres Lot
SOLD DATE : 11/30/2021
Key Details
Sold Price $3,020,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 886020
Sold Date 11/30/21
Rental Info Unrestricted
Year Built 1980
Annual Tax Amount $15,357
Tax Year 2020
Lot Size 1.740 Acres
Acres 1.74
Property Sub-Type Business
Property Description
The WESSEX INN is located at beautiful Cowichan Bay in the heart of Cowichan Valley. The improvements consist of a 2 storey, walk-up motel building comprising of a front lobby, manager suite and 30 units, which of 23 units have a kitchenette. The motel is situated on 1.74 acres and the property is zoned Village Commercial Accommodation (C-4). The estimated size of the building is approximately 12,000 sqft and it is well-maintained by upgrading every year. Hecate Park, a community oceanfront park, is located directly north of the motel across Cowichan Bay Road. The park features a beach and picnic area as well as a boat launch. Every seasons, lots of visitors come to here to enjoy hiking, biking, fishing, kayaking, and whale watching. The core of the Cowichan Bay Village is just east of the motel.
Location
Province BC
County Cowichan Valley Regional District
Area Du Cowichan Bay
Zoning C4
Interior
Heating Baseboard, Electric
Exterior
Exterior Feature Balcony/Deck
Parking On Site 1
Utilities Available Cable To Lot
Waterfront Description Ocean
View Y/N 1
View Ocean
Building
Lot Description Acreage, Easy Access, Irregular Lot, Marina Nearby, Park Setting, Walk on Waterfront
Sewer Sewer To Lot
Water Municipal
Others
Tax ID 001-203-304
Ownership Freehold
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Bought with Royal LePage Parksville-Qualicum Beach Realty (PBO)
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