Sold for $5,200,000

The only public Marina in Harrison Hot Springs! Priced at 59% of its assessed value!

Harrison Hot Springs, British Columbia V0M 1K0

  • Acres: 1.87

Description

Are you interested in owning one of the rare marina operations in the Fraser Valley? The Harrison Hot Springs Marina, featuring 225 slips, a 4.3-hectare offshore lease, and a 1.87-acre deeded C4 property, is now available for sale. This marina offers potential income ranging from $850,000 to over $1 million per anno, presenting an excellent opportunity for investors seeking a steady and increasing income stream without the hassle of residential tenants.

LISTED 41% below Assessed Value!

 Location Benefits

One critical factor in choosing a marina is its location, and Harrison Hot Springs excels in this regard. Situated on the picturesque Harrison Lake, the marina is easily accessible and provides ample parking for both cars and boats. The location is safe and protected, offering calm waters and minimal currents, making it ideal for boating enthusiasts.

Harrison Hot Springs is renowned for its natural beauty and vibrant community. Year-round, the area attracts a steady flow of tourists drawn to its hot springs, stunning lake views, and various outdoor activities. This ensures a consistent demand for marina services, contributing to the marina’s robust income potential.

 Property Highlights

  • 225 Slips: The marina features 225 slips, catering to various boat sizes and types.
  • 4.3 Hectare Offshore Lease: Extensive offshore lease provides significant marina operations space.
  • Ample Parking: The 1.87-acre waterfront property offers ample parking for vehicles and boats.
  • CD Zoning: The comprehensive development zoning provides room for various development options, adding to the marina’s investment appeal. 

Investment Advantages

  • Steady Income Stream: Potential income of $850,000 to over $1 million, offering a stable and growing revenue source.
  • Low Operating Costs: Marinas typically have lower operating costs than other rental properties like Multi-family units, RVs, or mobile home parks. This Benefit reduces the burden of management.
  • No Residential Tenants: Enjoy the benefits of property investment without the challenges associated with residential tenants.
  • Prime Location: Harrison Hot Springs is a sought-after destination, ensuring high occupancy rates and steady demand.

Why Invest in Harrison Hot Springs?

Harrison Hot Springs is more than just a beautiful location; it’s a thriving community with year-round attractions. From the therapeutic hot springs to the recreational opportunities on Harrison Lake, the area promises a high quality of life and strong investment potential. The marina’s strategic location ensures easy access, safety, and protection from harsh weather conditions, making it a prime choice for boating enthusiasts and investors.

 Conclusion

Owning the Harrison Hot Springs Marina can be a terrific investment, combining the benefits of a steady income stream, low operating costs, and minimal tenant issues. With its prime location, ample facilities, and significant income potential, this marina offers a unique opportunity for savvy investors. Don’t miss out on owning one of just over 200 marinas in British Columbia—contact us today to learn more about this exceptional investment opportunity.

 

Details

  • Status: Sold
  • Agent: Freddy Marks
  • MLS Number: C8061767
  • Property Type: Commercial
  • flooring: --
  • Commercial: Yes
  • Resort / Lodge: Yes

Waterfront

Yes

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