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983 Peninsula 5.3 Acres of Commercial Land Offered at $3,500,000 CAD in Ucluelet, BC V0R 3A0




INVESTMENT HIGHLIGHTS
- 5.3 acre (230,868 SF) R-1 Site
- Designated “Industrial” in OCP
- 4.7 acre Water Lot (23 years remaining on lease) with dock & pile lease improvements
- 1,295 SF 4-bedroom cabin and storage building with caretaker suite
EXECUTIVE SUMMARY
PROPERTY FACTS
Price | $3,500,000 CAD | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Industrial |
No. Lots | 1 | Total Lot Size | 5.30 AC |
Property Type | Land | ||
Zoning | R-1 - Single Family Residential |
Price | $3,500,000 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Industrial |
Total Lot Size | 5.30 AC |
Zoning | R-1 - Single Family Residential |
1 LOT AVAILABLE
Lot 1
Price | $3,500,000 CAD | Lot Size | 5.30 AC |
Price Per AC | $660,377.36 CAD |
Price | $3,500,000 CAD |
Price Per AC | $660,377.36 CAD |
Lot Size | 5.30 AC |
The property represents an opportunity to acquire a 5.3 acre waterfront property on Spring Cove in Ucluelet. The property is zoned R-1 (single family) and is designated as “Industrial” in the District of Ucluelet’s Official Community Plan (OCP).
DESCRIPTION
The property represents an opportunity to acquire a 5.3 acre waterfront property on Spring Cove in Ucluelet. The property is zoned R-1 (single family) and is designated as “Industrial” in the District of Ucluelet’s Official Community Plan (OCP). The property has historically been utilized by the Canadian Fishing Company as a commercial fish dock, ice-house, and crew residence. There is a 4-bedroom cabin on site (approximately 1,295 SF) and a net storage building with a caretaker’s residence on the top floor. There is also a 4.7 acre water lot leased on the eastern boundary of the subject property with a large pier, dock, piles, and decom-missioned icehouse leasehold improvements. There are 23 years remaining on the lease. The property is located on the north side of Peninsula Road, just before Coast Guard Drive, within the District of Ucluelet on Vancouver Island. The property is 5 minutes to Highway 4, with access to Tofino, Port Alberni, and all amenities.
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983 Peninsula
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