$12,350,000
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2.71 Acres Lot
SOLD DATE : 05/23/2023
Key Details
Sold Price $12,350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 909121
Sold Date 05/23/23
Rental Info Unrestricted
Annual Tax Amount $39,633
Tax Year 2021
Lot Size 2.710 Acres
Acres 2.71
Property Description
A highly profitable opportunity to acquire The Canadian Princess Lodge, Marina and Future Development Site. This integrated tourist complex is located on the west coast of Vancouver Island in Ucluelet. The offering provides a rare opportunity to acquire a 46-room lodge, 250 ft marina with 12 slips, and a development site, currently used as a parking lot. Zoned as CS 5 as Tourism Commercial the developable land could support the expansion of the lodge to provide additional hotel rooms or resort condos. The proposed design offers 44 condos with a projected market value of approximately $650,000- $850,000 per condo and a restaurant. Centrally located just off Peninsula Road and nearby to many local sights, attractions, shops, and restaurants. Perched on the edge of the Ucluelet Boat Basin, the lodge is steps away from the downtown core and local fishing charters. Comprehensive Pkg available to qualified buyers, CA must be signed. Please contact the listing agent for more details.
Location
Province BC
County Ucluelet, District Of
Area Pa Ucluelet
Exterior
Parking On Site 1
Waterfront Description Ocean
View Y/N 1
View Ocean
Total Parking Spaces 122
Building
Lot Description Acreage, Dock/Moorage
Others
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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Bought with Royal LePage Coast Capital - Chatterton