About This Property
Rare offering and investment opportunity in the heart of Snug Cove. A double sized commercial zoned property within easy walking distance to the ferry, marinas and other Snug Cove amenities. Well established and storied business, The Snug Cafe, currently occupies the property plus a seasonal garden & landscaping business sits behind a fenced and gated area. An on-site housing option with an existing one bedroom, one bath cottage is tucked behind the main building. A prime property for future development into a mixed use space (retail, office, restaurant, guest accommodations, dwelling). The Snug Cafe is also 'For Sale' allowing for added investment options. A new Medical Centre & Community Centre nearby, further adding to the vibrancy of Snug Cove. (id:64973)
At $1,538 per square foot, this Bowen Island property is competitively priced compared to the local market, offering a unique commercial-zoned investment opportunity with an established cafe and additional rental income potential from the onsite cottage. Given the diverse revenue streams and strategic location near Snug Cove amenities, this property would be well-suited for an investor seeking a diversified commercial and residential real estate asset in a desirable island community.
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