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938 Peninsula Rd
Ucluelet, BC V0R 3A0

Land For Sale · 5.30 AC

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Investment Highlights

5.3 acre (230,868 SF) R-1 Site
Designated “Industrial” in OCP

4.7 acre Water Lot (23 years remaining on lease) with dock & pile lease improvements
1,295 SF 4-bedroom cabin and storage building with caretaker suite

Executive Summary

The property represents an opportunity to acquire a 5.3 acre waterfront property on Spring Cove in Ucluelet. The property is zoned R-1 (single family) and is designated as “Industrial” in the District of Ucluelet’s Official Community Plan (OCP). The property has historically been utilized by the Canadian Fishing Company as a commercial fish dock, ice-house, and crew residence. There is a 4-bedroom cabin on site (approximately 1,295 SF) and a net storage building with a caretaker’s residence on the top floor. There is also a 4.7 acre water lot leased on the eastern boundary of the subject property with a large pier, dock, piles, and decommissioned icehouse leasehold improvements. There are 23 years remaining on the lease.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Industrial
Property Type	Land	Total Lot Size	5.30 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial
Total Lot Size	5.30 AC

1 Lot Available

Lot 1

Price	$3,900,000 CAD	Lot Size	5.30 AC
Price Per AC	$735,849 CAD

Price	$3,900,000 CAD
Price Per AC	$735,849 CAD
Lot Size	5.30 AC

Description

The property represents an opportunity to acquire a 5.3 acre waterfront property on Spring Cove in Ucluelet. The property is zoned R-1 (single family) and is designated as “Industrial” in the District of Ucluelet’s Official Community Plan (OCP). The property has historically been utilized by the Canadian Fishing Company as a commercial fish dock, ice-house, and crew residence. There is a 4-bedroom cabin on site (approximately 1,295 SF) and a net storage building with a caretaker’s residence on the top floor. There is also a 4.7 acre water lot leased on the eastern boundary of the subject property with a large pier, dock, piles, and decom-missioned icehouse leasehold improvements. There are 23 years remaining on the lease. The property is located on the north side of Peninsula Road, just before Coast Guard Drive, within the District of Ucluelet on Vancouver Island. The property is 5 minutes to Highway 4, with access to Tofino, Port Alberni, and all amenities.

zoning

Zoning Code	R-1 (Single Family Residential)
R-1 (Single Family Residential)

Listing ID: 33238154
Date on Market: 2024-09-19
Last Updated:
Address: 938 Peninsula Rd, Ucluelet, BC V0R 3A0

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