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$499,900
1049480 MLS
Commercial Opportunity in Lake Cowichan! This C4-zoned property offers an opportunity for an owner-user, investor, or developer. The C4 commercial zoning permits a range of professional and commercial uses, including a professional office, with the potential for a 3-storey building, providing significant future redevelopment possibilities. The property currently features a 200 sq. ft. kiosk built in 1992, ample on-site parking, and an existing residential dwelling configured as a 3-bedroom plus den. Use the existing layout as a 5-office professional workspace or meeting facility, continue with residential use, or explore the many possibilities available through redevelopment. With its high-visibility corner location and commercial zoning, this property presents a unique opportunity. Do not approach the property without an appointment. Buyer to verify all zoning, permitted uses, development potential, and measurements with the appropriate authorities. Price is plus GST.

149 Cowichan Lake Rd, Lake Cowichan

Courtesy of RE/MAX Generation (LC)

$79,800
1047406 MLS
Exceptional opportunity to acquire a well-established, profitable retail business in the heart of Lake Cowichan. Operating for over 50 years, this trusted footwear store is a community staple, known for quality selection and a loyal, multi-generational customer base. Ideally located in a high-visibility central area, it benefits from steady foot traffic and consistent year-round sales. The store offers a wide range of footwear and accessories for all ages, supported by strong supplier relationships and an established brand presence. This turnkey operation suits an owner-operator, with streamlined operations, low overhead, and solid margins. The organized retail space supports efficient merchandising and a great customer experience, driving repeat business. Fully operational seven days a week, with systems in place for a seamless transition. Rare chance to own a proven, community-rooted business.

42 South Shore Rd, Lake Cowichan

Courtesy of eXp Realty

$949,900
1039951 MLS
Commercial investment opportunity in the heart of Lake Cowichan. This 4-unit commercial building features concrete block construction, a new roof (2026), freshly painted exterior, and located on the town's main commercial corridor. The property offers excellent visibility, signage exposure, and ample on-site parking. Zoned C-1, the property permits a wide range of commercial uses and offers potential for future building expansion. The building consists of 4 separate storefront units, each with its own entrance, display windows, and dedicated 100-amp electrical panel. Lake Cowichan serves as the commercial centre for the communities of Youbou and Honeymoon Bay, supporting both a year-round population & tourism. This high-exposure location is surrounded by restaurants, retail shops, accommodations, and professional services, making it an attractive opportunity for investors seeking an income-producing asset in a growing Vancouver Island Community.

74 South Shore Rd, Lake Cowichan

Courtesy of RE/MAX Generation (LC)

$12,800,000
1029558 MLS
380 Contiguous Acres within the Town of Lake Cowichan's boundaries. Single title. The land use plan used to secure CD1 zoning is quite extensive, detailed and available. There is still an opportunity to incorporate your own ideas as we are currently working with the Town to come to a collaborative win win. The property has abundant water, including a very beautiful lake, approximately 12 ft deep. We can arrange a time to view upon request. Lake Cowichan is a beautiful, safe, small town which has been recently discovered as a recreational destination. Bring council your recommendations and creative ideas. CD1 zoning has the most flexible bylaws and is intended for a mixture of uses using an integrated plan. Please ask for an information package.

200 Hudgrove Rd, Lake Cowichan

Courtesy of RE/MAX Generation (LC)

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