Built in 1910, this was the homestead of the Nagata family who were greenhouse farmers growing tomatoes on Mayne Island. Converted to a restaurant/residence in the 1960s, this commercially zoned shingle sided home would be ideal for hosting weddings, a restaurant (liquor license included), retail or simply just a beautiful estate. Located in Miner’s Bay this flat sun soaked 1 acre parcel is well suited for a chef whose dream is to develop an organic farm to table dining experience. The accessory dwelling unit hosts the Mayne Island Conservancy as tenants. This unique investment opportunity, both from the value of the land and the scarcity of commercial offerings, not only allows the new owner to continue this Mayne Island legacy but the opportunity to create a legacy of their own.
Data was last updated June 16, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$949,000
Min list price:
$429,000
Max list price:
$2,590,000
Avg days on market:
75
Min days on market:
5
Max days on market:
468
Avg price per sq.ft.:
$563.49
These statistics are generated based on the current listing's property type
and located in
Mayne Island. Average values are
derived using median calculations.
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