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2950 Dragon's Lane
Isl Gabriola Island Gabriola Island V0R 1X7

$3,980,000
Commercial Sale built: 1959

Main Photo: 2950 Dragon's Lane in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 956272
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
956272
Year Built:
1959
An incredible opportunity to own prime commercial real estate on Gabriola Island!!! To own an established rare commercial zoning waterfront resort on 5.18 acres located close to the ferry terminal on Gabriola Island!!! The stunning ocean view resort building has 11 bedrooms and 10 bathrooms. It features approximately 2600 ft of shoreline, private peninsula, a beautiful little bay and opens all year round. This business includes land, buildings, fixtures and equipment. This turnkey opportunity allows you to continue with business as usual, and gives you time to implement your own changes and creative ideas. Great investment!!!
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Year built:
1959 (Age: 66)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Isl Gabriola Island, Islands
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5.18 acre(s)
Taxes:
Building Features:
Fire Alarm, Fire Sprinklers, Kitchen/Staff Room, Laundry Room, Parking, Public Restroom(s), Security System, Storage Room, Workshop
Construction:
Frame Wood, Glass, Metal Siding, Vinyl Siding, Wood
New Construction:
No
Foundation:
Concrete Perimeter, Stone
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Carpet, Hardwood
Total Building Area:
6,600 sq. ft.
Commercial Area:
Water supply:
Well: Drilled, Well: Shallow
Sewer:
Sewer Available
Cooling:
None
Heating:
Baseboard, Electric, Hot Water, Propane, Mixed
Fireplace:
No
Pending Date:
Electric, Equip/Machinery, Fixtures, Goodwill, Inventory, Parking, Real Estate, Trade Name(s)
Equip/Machinery, Fixtures, Good Will, Inventory, Parking, Real Estate, Supplies, Trade Name(s)
Balcony/Deck, Balcony/Patio, Fenced, Fencing: Partial, Garden, Lighting, Security System, Sprinkler System, Water Feature, Wheelchair Access
Ocean
Ocean Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Zoning:
TC1 TOURIST COMMERCIAL 1
Units in Building:
Units in Community:
Other Equipment:
Propane Tank, Sump Pump
Occupancy:
Owner
Property Condition:
Updated/Remodeled
Utilities:
Cable Available, Electricity Available, Electricity Connected, Garbage
Lot Site Features:
Acreage, Easy Access, Irregular Lot, Landscaped, Marina Nearby, Private, Quiet Area, Walk on Waterfront, In Wooded Area
Parking Features:
On Site
Total Parking Spaces:
30
Road Surface Type:
Paved, Unimproved
Business Type:
Accommodation, Campground, Health Services, Restaurant/Bar, Service
Total Units:
Date Listed:
Mar 15, 2024
Original Price:
4800000.0
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Listed by LeHomes Realty Premier
Data was last updated January 27, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$949,900
Min list price:
$130,000
Max list price:
$9,800,000
Avg days on market:
171
Min days on market:
4
Max days on market:
699
These statistics are generated based on the current listing's property type and located in Islands. Average values are derived using median calculations.

Owning Luxury Waterfront Homes in Victoria BC

First of all, Victoria is a truly unique and special place. It offers the perfect combination of natural beauty and urban amenities, making it an ideal location for those who want to live a high-quality lifestyle. With its mild climate, stunning scenery, and vibrant culture, Victoria has become one of the most desirable places to live in the world.

Now, let's talk about the benefits of investing in a luxury waterfront home in Victoria.

  1. Unbeatable Location

One of the biggest benefits of owning a luxury waterfront home in Victoria is the location. Victoria is situated on the southern tip of Vancouver Island, surrounded by the Pacific Ocean and stunning natural beauty. The city itself is home to a thriving downtown core, offering a wide range of shops, restaurants, and entertainment options.

Living in a waterfront home in Victoria means that you will have easy access to all of these amenities, while also being able to enjoy the peace and tranquility of living on the water. Whether you enjoy boating, fishing, or just taking a stroll along the beach, a waterfront home in Victoria offers an unbeatable location.

  1. Investment Potential

Investing in a luxury waterfront home in Victoria can be a smart financial move. The city's real estate market has been steadily growing over the past few years, with no signs of slowing down anytime soon. As demand for waterfront properties increases, so does their value.

Additionally, owning a waterfront property can offer a number of other investment opportunities. For example, you could rent out your property as a vacation home or use it as an income-generating property. Many people also choose to use their waterfront homes as a venue for events such as weddings or corporate retreats.

  1. Quality of Life

Living in a luxury waterfront home in Victoria can provide a high-quality lifestyle that is hard to beat. Imagine waking up each morning to the sound of the waves lapping against the shore, or watching the sunset from your private balcony. These are just a few of the experiences that a waterfront home in Victoria can offer.

Furthermore, owning a waterfront home in Victoria means that you will have easy access to a wide range of outdoor activities. From boating and fishing to hiking and biking, there is always something to do in this beautiful city.

  1. Privacy and Security

Another benefit of owning a luxury waterfront home in Victoria is the privacy and security that it can offer. Many waterfront homes are situated in gated communities or have private entrances, offering a high level of security and peace of mind.

Additionally, waterfront homes often offer more privacy than other types of properties, as they are situated away from the hustle and bustle of the city. This can be especially beneficial for those who value their privacy and want a quiet retreat from the rest of the world.

  1. Health Benefits

Finally, owning a luxury waterfront home in Victoria can offer a range of health benefits. Studies have shown that living near the water can have a positive impact on mental health, reducing stress and promoting relaxation.

Additionally, waterfront properties often offer easy access to outdoor activities such as boating, fishing, and swimming. These activities can provide a great source of exercise, which is essential for maintaining a healthy lifestyle.

Conclusion

In conclusion, investing in a luxury waterfront home in Victoria, BC can be a smart financial move that offers a range of benefits. From unbeatable location and investment potential to quality of life, privacy and security, and health benefits, there are many reasons why you should

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.