Offering a 6.8% cap rate, Mariner’s Loft is a turnkey seven-suite hospitality investment property overlooking Ganges Harbour. Built in 2011, the approximately 8,473 sq. ft. building occupies an elevated 0.41-acre site in the heart of Ganges, steps from shops, restaurants, galleries, marinas and floatplane service. The seven individually stratified units include six two-bedroom, two-bathroom suites and a three-bedroom, two-bathroom penthouse. Each offers a full kitchen, open living area, in-suite laundry, private entrance and deck or patio. Features include gated access, on-site parking, fireplaces, furnishings and recently installed heat-pump systems. With CA-1(d) Commercial Accommodation zoning, staff in place, a strong online presence, a 4.8-star Google rating and seven separate strata titles, the growing hospitality operation offers current income, operational upside and long-term flexibility in one of BC’s most desirable island destinations. (id:44393)
| Business Type | Accommodation |
| Name | Mariners Loft |
| MLS® Number | 1050608 |
| Property Type | Multi-family |
| Neigbourhood | Salt Spring |
| Parking Space Total | 8 |
| View Type | Ocean View |
| Cooling Type | Air Conditioned |
| Size Exterior | 8473 Sqft |
| Type | Multi-family |
| Acreage | No |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/30326615/a-g-118-rainbow-rd-salt-spring-salt-spring
Contact us for more information
Kane Ryan
Personal Real Estate Corporation
(250) 384-8124
(800) 665-5303
(250) 380-6355
www.pembertonholmes.com/
Fiona Walls
Personal Real Estate Corporation
(250) 537-5553
(888) 608-5553
(250) 537-4288
www.pembertonholmessaltspring.com/