10990 Madrona Dr
NS Deep Cove
North Saanich
V8L 5R7
$5,250,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 930314
- Photos (28)
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High quality income producing property that includes moorage and commercial rental income. Exceptional well maintained marina with two titled lots and a long-term foreshore lease. Extensive (high quality) renovations have made this marina a stand out. The property has an approx. 4,000 sq. ft, commercial building that contains commercial office space and one residential unit. Moorage is approximately 1,610 feet with little to no vacancy over the past several years. Deep Cove Marina N. Saanich is minutes away from the Victoria International Airport, BC Ferries (Swartz Bay), Sidney and only 34km to Victoria. Moorage space on Vancouver Island is in high demand and space is very limited making this a secure long term investment. Offering is an Asset Sale based on a cost approach to valuation. All sizes are approximate and should be verified independently. Qualified buyer's - NDA required.
DO NOT TOUR SITE WITHOUT BOOKING AN APPOINTMENT.
- Property Type:
- Commercial Sale
- Type:
- Other
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale of Assets
- Listing General Location:
- NS Deep Cove, North Saanich
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.528 acre(s)0.619 hectare(s)
- Building Features:
- Public Restroom(s), Visual Exposure
- Construction:
- Block, Frame Wood, Other
- New Construction:
- No
- Electricity:
- Yes
- Number of Storeys:
- 2
- Total Building Area:
- 4,078 sq. ft.378.859 m2
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- See Remarks
- See Remarks
- Balcony, Balcony/Patio, Garden, Lighting, Low Maintenance Yard
- Mountain(s), Ocean
- Ocean Front
- Main Level
- Jurisdiction name:
- District of North Saanich
- Zoning:
- M-4 (Commercial Marina 2)
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Available, Electricity Connected, Garbage, Phone Connected, Recycling
- Lot Site Features:
- Dock/Moorage, Foreshore Rights, Landscaped, Marina Nearby, Quiet Area, Recreation Nearby, Serviced, Walk on Waterfront
- Parking Features:
- On Site
- Road Frontage Type:
- Marine
- Road Surface Type:
- Paved
- Business Name:
- Deep Cove Marina
- Business Type:
- Marine
- Date Listed:
- May 03, 2023
- Original Price:
- 5250000.0
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Listed by John Morris
of Coldwell Banker Oceanside Real Estate
Data was last updated December 6, 2023 at 12:05 PM (UTC)
- ANDREW KEITH
- EXP REALTY [103-1321 BLANSHARD ST]
- 1 (250) 5890647
- Contact by Email
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