Gulf Islands Bc Real Estate
10990 Madrona Dr
NS Deep Cove
North Saanich
V8L 5R7
$4,999,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 997131
- Photos (19)
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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 lineal 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
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- NS Deep Cove, North Saanich
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.528 acre(s)0.62 hectare(s)
- Taxes:
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- Building Features:
- Parking, Visual Exposure, Workshop
- Construction:
- Block, Frame Wood, Other
- New Construction:
- No
- Foundation:
- Slab
- Electricity:
- Yes
- Number of Storeys:
- 2
- Ceiling Heights:
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- Total Building Area:
- 4,078 sq. ft.379 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Heating:
- Mixed
- Fireplace:
- No
- Pending Date:
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- Balcony, Balcony/Patio, Garden, Lighting, Low Maintenance Yard
- Mountain(s), Ocean
- Ocean Front
- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of North Saanich
- Legal Description:
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- Zoning:
- M-4 (Commercial Marina 2)
- 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
- Date Listed:
- May 02, 2025
- Original Price:
- 4999000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated May 6, 2025 at 12:05 AM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.