Vancouver Island Homes for Sale

Forgot password Extend Verify Contact

8248&8256 S Island Hwy
CV Union Bay/Fanny Bay Fanny Bay V0R 1W0

$4,200,000
Residential beds: 0 baths: 0.0 0 sq. ft. built: 1965

Main Photo: 8248&8256 S Island Hwy Fanny Bay BC
Status:
Active
Prop. Type:
Residential
MLS® Num:
1018922
Year Built:
1965
Avison Young is pleased to present a rare opportunity to acquire a prime waterfront mixed-use investment Property in Fanny Bay, BC, featuring significant revenue upside. Situated on 3.20 acres of strategically located land, the Property features a diverse income-generating mix including an RV park (Lighthouse RV Park), gas station (Canco),convenience store (One Stop), restaurant (for lease), residential apartment units (3), and a boat moorage facility. Ideally positioned between Nanaimo and Courtenay, the Property benefits from strong visibility and accessibility, drawing consistent traffic from commuters, tourists, and local residents alike, and only a short 40 minute drive to Mount Washington Ski Resort. This offering delivers strong in-place cashflow with substantial upside potential through targeted operational efficiencies and strategic lease optimization.
Property Type:
Residential
Type:
Other
Year built:
1965 (Age: 60)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
0 sq. ft.
Listing General Location:
CV Union Bay/Fanny Bay, Comox Valley
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
3.2 acre(s)
Kitchens:
0
Taxes:
Building Type:
Ground Level
Construction:
Frame Wood
Basement:
None
Foundation:
Other
Electricity:
Yes
Roof:
Other
Levels:
2
Number of Storeys:
2
Number of Buildings:
6
Ceiling Heights:
Total Building Area:
0 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
0 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Well: Drilled
Sewer:
Septic System
Additional Accommodations:
None
Cooling:
None
Heating:
Electric
Fireplace:
No
Warranty:
No
Pending Date:
Parking Stall
Main Level
0
Cats OK, Dogs OK
Speak with L/A
Yes
Unknown
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:
Association Fee Year:
2025
Jurisdiction name:
Courtenay Rural (771)
Legal Description:
Zoning:
TC2/C1-A
Accessibility:
Accessible Entrance
Legal Non-Conformance:
No
Bed and Breakfast:
None
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Contact List Licensee
Utilities:
Cable Available, Electricity Available, Garbage, Recycling
Exposure / Faces:
North
Layout:
Other
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
RV Access/Parking
Total Parking Spaces:
44
Common Parking Spaces:
0
LCP Parking Spaces:
11
Lot Parking Spaces:
11
Total Units:
Date Listed:
Nov 03, 2025
Original Price:
4200000.0
  • Photo 1: 8248&8256 S Island Hwy Fanny Bay BC
    Photo 1 of 1
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Avison Young Commercial Real Estate Services
Data was last updated November 5, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$871,000
Min list price:
$99,000
Max list price:
$4,200,000
Avg days on market:
68
Min days on market:
2
Max days on market:
336
Avg price per sq.ft.:
$488.67
These statistics are generated based on the current listing's property type and located in CV Union Bay/Fanny Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.
Get market change alerts
TICARA COERTZE
STEVE GILLESPIE
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.
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.