702 Fir St, Alert Bay, BC V0N 1A0

$449,000
1
BD
1
BA
602
SqFt
List Price
$449,000
MLS® #
875276
Bedrooms
1
Sq. Ft
602
Acres
0.34
Year Built
1940
Subdivision
Isl Alert Bay

Property Description

Very private ocean front property on Cormorant Island with huge potential for a retreat or income property. There is a major demand for rentals- this property has potential for 4 besides the main home. Renovated (2010), cozy open concept beach house (600 sqft). The house next to it has charm galore (700 sqft) with original fir plank flooring and a loft. A third home (330 sqft) offers two rooms with 3 piece bath. The fourth building (720 sqft) is great for a workshop with storage in the loft but could be converted back to a liveable cottage. 3 wood storage areas. A fifth building included with the footprint of 900 sqft. Two lots have been combined into .34 of an acre. The seawall was built in 2005 with some recent reinforcement to protect the 350 feet of waterfront this property offers along with a foreshore lease. Bring your renovation/expansion/development ideas when you come to view this property. Three cottages currently tenanted.

Additional Information

Style
Rancher
Lot Size
14,810
Lot Features
View - Ocean, Waterfront-Ocean, Road - Paved, No Thru Road, Quiet Area, Rural Setting, Walk on Waterfront
Fireplaces
1
Fireplace Type
Wood Burning Stove
Parking Type
Open
Heating
Baseboard, Electric
Cooling
None
Office Name
Royal LePage Advance Realty (PtHardy)

Listing courtesy of Royal LePage Advance Realty (PtHardy).

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Listing content Copyright 2021 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.