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10052 Malaspina Road, No City Value
Description
A rare coastal opportunity! This spectacular 1.83-acre property offers stunning ocean views overlooking Okeover Inlet. Zoned commercial, it includes ample parking, gardens, wells, and septic systems. Create a private ocean-view estate, a family compound, or continue operating as a destination resort. Located just minutes from Lund, Powell River, and the marina. The current location of the famous Laughing Oyster, the property features a 157-seat restaurant, two homes, and four newly built tiny homes—ideal for luxury Airbnb rentals or boutique retreats. Proven revenue with significant growth potential, or a wonderful real estate holding to build out your dreams. A turnkey opportunity in an extraordinary setting—bring your ideas!
Taxes (2024): $10,988.14