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5848 Island Hwy
CV Union Bay/Fanny Bay UNION BAY V0R 3B0

$6,000,000
Commercial Sale

Main Photo: 5848 Island Hwy in UNION BAY: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 768006
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
768006
Bus Major:
Business
Bus Minor:
Marine
Baynes Sound Oyster Co Ltd is a family owned business for 60+ yrs.Processing Plant is 9,602 sqft. Incl'd in the sale,Waterfront Land & Processing Plant & hard assets. Site is zoned for Processing, Retail, Hatchery, & Residential. 150,000 lbs of manila clam & 2 million seed in the ground, 5000+ gallons and 30,000 dozen+ in shell oysters and approx 20,000+ geoduck, the hatchery is up and running with clam and oyster seed. Also included in the sale,10 Provincial / Crown Foreshore tenures, approx 100 acres, 2 tenures have geoduck in the substrate. One - 42 acres site has 200,000 geoducks seeded. Each of additional sites are currently upgrading the species growth to have multiple license to accommodate for further growth potential. Specific numbered sites have Pacific Oyster and other species at different growth stages and are actively harvested. Deep water at edge of property for Hatchery is same temperature all year long.Baynes Sound is good tidal action to eliminate red tide action.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Union Bay/Fanny Bay, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.58 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Sewer:
None
Pending Date:
Yes
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:
Legal Description:
Zoning:
SPAF-1
Units in Building:
Units in Community:
Occupancy:
Owner
Lot Site Features:
Level
Total Parking Spaces:
0
Road Frontage Type:
Highway
Business Name:
Baynes Sound Oyster Co Ltd
Business Type:
Marine
Total Units:
Date Listed:
Aug 16, 2017
Original Price:
6000000.0
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Listed by RE/MAX Anchor Realty (QU)
Data was last updated October 29, 2020 at 03:10 AM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$902,450
Min list price:
$85,000
Max list price:
$6,000,000
Avg days on market:
221
Min days on market:
26
Max days on market:
1,169
These statistics are generated based on the current listing's property type and located in Comox Valley. Average values are derived using median calculations.

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