Highly desirable waterfront commercial property! Located in the heart of Chemainus at the corner of Oak and Esplande Street along the waterfront and adjacent to the BC Ferry terminal that provides service to Thetis and Penelakut Islands. The property has been utilized for commercial retail use and accessory residential use for many years. The zoning allows for many commercial uses as well as accessory residential use. The property would lend itself best to continued mixed commercial and residential use while exploring redevelopment potential with the District of North Cowichan. The current owner is willing to lease back the retail portion and there are three residential rental suites. Let the rental income pay for the land while you contemplate the highest and best use of this prime property.