1695 Cowichan Bay Rd, Cowichan Bay, BC, V0R 1N1

Commercial For Sale In Cowichan Bay, British Columbia

$2,400,000

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1695 Cowichan Bay Rd, Cowichan Bay, BC, V0R 1N1

$2,400,000

Property Information:

VENDOR FINANCING AVAILABLE - With terms and conditions agreeable to Buyer and Seller for a 12 month term (VTB at the sole discretion of the Seller). Iconic Pub for sale in historic Cowichan Bay - Southern Vancouver Island. The Cow Bay Marine Pub is highly respected and has been a fixture in the community for over 20 years (2002 present owner -location has been a pub for 40 yrs). The building has been updated and well maintained. The breathtaking views of the bay, marina and Mt Tzouhalem are unparalleled. This oceanside location is the central tourist hub of the Cowichan Valley and features shops, marinas, services, hotels, restaurants, bakeries, sightseeing and more. The offering includes the assets of Musgrave Landing Holdings Ltd. (Land and Bldg) and the shares of Cow Bay Marine Pub Inc. (Operating Co). To be sold in combination with an allocation agreeable to both the Buyer and Seller. Please do not approach owner or staff. All sizes approx. and should be confirmed by Buyer.

Inclusions: Equip/Machinery,Fixtures,Goodwill,Inventory,Parking,Real Estate,Supplies,Trade Name(s)

Property Features:

Annual Tax Amount: $15,656
Building Features: High Traffic Area, Parking, Shopping Nearby, Storage Room, Visual Exposure
Built in: 1975
Business Type: Restaurant/Bar
Construction Materials: Concrete, Frame Wood
Cooling: Other
Exterior Features: Balcony/Deck, Lighting, Sign: Allowed, Sign: Pylon, Water Feature
Floor Space (approx): 4800 Square Feet
Flooring: Mixed
Foundation Details: Concrete Perimeter
Heating: Heat Pump
Inclusions: Equip/Machinery, Fixtures, Goodwill, Inventory, Parking, Real Estate, Supplies, Trade Name(s)
Lot Features: Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Serviced, Shopping Nearby, Walk on Waterfront
Lot Frontage: 6350 Square Feet
Lot Size: 6350.00 Square Feet
Other Equipment: Other Improvements
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Retail
Road Frontage Type: Marine
Road Surface Type: Paved
Utilities: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
View: Mountain(s)
Water Source: Municipal
Waterfront Features: Ocean Front
Zoning: C-9, W-3A
Sewer:

Courtesy of: Coldwell Banker Oceanside Real Estate

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

Location of 1695 Cowichan Bay Rd, Cowichan Bay, BC, V0R 1N1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

22 hot days expected in 2050

Projected Storm Risk: Exteme

13 storms expected in 2050

Projected Heat Risk: Significant

22 hot days expected in 2050

29/100

Significant

ClimateCheck®

Current data

This property, 1695 Cowichan Bay Rd , experiences 7 hot days per year at around 28.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past

28.4℃

2050

31.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

13 storms expected in 2050

83/100

Exteme

ClimateCheck®

Current data

This property, 1695 Cowichan Bay Rd , experiences 12 significant 2-day storms per year, with about 476.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 548.9mm of precipitation per year.

Precipitation Per Storm

Past

476.1mm

2050

548.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1695 Cowichan Bay Rd, Cowichan Bay, BC, V0R 1N1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$123,998.26

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.89 %

High school certificate or equivalent

31.47 %

Apprenticeship trade certificate/diploma

10.76 %

College/non-university certificate

23.43 %

University certificate (below bachelor)

2.29 %

University Degree

24.17 %

Commuter

Travel To Work

By Car

95.97 %

By Public Transit

0.0 %

By Walking

0.06 %

By Bicycle

1.0 %

By Other Methods

2.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.21 %

Houses

89.79 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 1695 Cowichan Bay Rd, Cowichan Bay, BC, V0R 1N1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1695 Cowichan Bay Rd, Cowichan Bay, BC, V0R 1N1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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