Office Listings

1534 Joan Ave
Du Crofton Crofton V0R 1R0

$3,100,000
Commercial Sale

Main Photo: 1534 Joan Ave in Crofton: Du Crofton Business for sale (Duncan)  : MLS®# 910454
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
910454
The Crofton Hotel / Osborne Bay Pub & Liquor Store consists on 3 lots and is located in the growing town of Crofton BC which is next to the ferry that goes to Salt Spring Island and 45 mins from Nanaimo. Maple Bay Liquor store closed a few months ago and since then the Osborne Bay Liquor Store has been booming. One block from the water and marina the property has wonderful water views and is directly across from a new condo development. Busy all year around but with higher traffic during the summer months since the area is a very popular tourist destination. Osborne Pub is know for it's great food, fabulous service and amazing entertainment. The Hotel consists of 6 rooms but is currently not rented out due to Covid. These could be rented for approximately $800 to $1000 per month. An excellent opportunity or a great holding property for future development.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business
Lease Type:
Sale of Assets
Listing General Location:
Du Crofton, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
15,000.104 sq. ft.
Taxes:
$11,514.6 / 2021
Building Features:
Parking, Public Restroom(s)
Construction:
Frame Wood, Wood
Foundation:
Block
Electricity:
Yes
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
10,000 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Fireplace:
No
Balcony/Deck
Ocean
Main Level
0
Yes
No
Unrestricted
Assessed:
1379900.0
Assessment year:
2022
Jurisdiction name:
District of North Cowichan
Legal Description:
Lot 12, Block 2, Plan VIP739, Section 1, Range 11, Chemainus Land District
Zoning:
COMM
Legal Non-Conformance:
Yes
Units in Building:
3
Occupancy:
Owner
Utilities:
Cable Connected, Electricity Connected, Garbage, Phone Connected
Lot Site Features:
Corner Lot, Marina Nearby, Quiet Area, Recreation Nearby
Parking Features:
On Site
Road Frontage Type:
Marine
Road Surface Type:
Paved
Business Name:
CROFTON HOTEL/OSBORNE BAY PUB/LIQUOR STORE
Business Type:
Restaurant/Bar, Retail
Business Established Year:
1957
Total Units:
6
Date Listed:
Jul 25, 2022
Original Price:
3100000.0
  • Photo 1: 1534 Joan Ave in Crofton: Du Crofton Business for sale (Duncan)  : MLS®# 910454
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Listed by LORI ROWE and Dane Kingsbury of Macdonald Realty Victoria
Data was last updated August 9, 2022 at 12:05 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,647,500
Min list price:
$35,000
Max list price:
$8,888,800
Avg days on market:
79
Min days on market:
7
Max days on market:
677
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
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.