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Office Listings
#A-G 118 Rainbow Rd
GI Salt Spring
Salt Spring
V8K 2R7
$6,000,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1050608
- Photos (34)
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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.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Business
- Lease Type:
- Sale of Assets
- Listing General Location:
- GI Salt Spring, Gulf Islands
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.0 m2
- Building Features:
- Parking
- New Construction:
- No
- Number of Storeys:
- 3
- Total Building Area:
- 8,473 sq. ft.787 m2
- Cooling:
- Air Conditioning
- Fireplace:
- No
- Ocean
- Main Level
- Jurisdiction name:
- Gulf Islands Rural (763)
- Property Condition:
- Updated/Remodeled
- Parking Features:
- On Site
- Total Parking Spaces:
- 8
- Business Name:
- Mariners Loft
- Business Type:
- Accommodation
- Date Listed:
- Sep 24, 2026
- Original Price:
- 6000000.0
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Larger map options:
Listed by Pemberton Holmes Ltd. and Pemberton Holmes - Salt Spring
Data was last updated November 10, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,595,000
- Min list price:
- $499,000
- Max list price:
- $6,000,000
- Avg days on market:
- 196
- Min days on market:
- 46
- Max days on market:
- 595
These statistics are generated based on the current listing's property type
and located in
Gulf Islands. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MARY BEAUMONT
- Pemberton Holmes - Cloverdale
- 1 (250) 8892233
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.

