"ATTRACTIVE" INVESTMENT OPPORTUNITY WITH A 5% CAP RATE! Increase by 10% every 5 years starting in 2025. Building Rebuilt in 2000. Current long-term tenants -Teriyaki House, Convenience Store and Sushi Restaurant. Always busy with customers and students and sports fans. Located 38 km west of Victoria. Sooke's popularity as a scenic tourist destination increase summer revenues. Built up over the years, this vibrant community is one of the fastest growing in British Columbia with a unique blend of families and international migrants that now call Sooke their home. Building is located at one of the main intersections into and out of the town. Traffic is constant with the Edward Milne Community School and Fred Milne Sports Park beside property. Well used walking corridor. Entrance to Sooke Potholes Provincial Park is a popular destination along the Sooke River. Sooke is a seaside community with forward thinking planners looking to the future residents and what will be needed. Future wastewater master plan for area. C1 Zoning allows 4 story building.
Address | 6250 Sooke Rd |
List Price | $1,808,000 |
Property Type | Commercial Sale |
Type of Dwelling | Mixed Use |
Area | Sooke |
Sub-Area | Sk Sooke River |
Lot Size | 8313 Sq. Ft. |
Year Built | 2000 |
MLS® Number | 950203 |
Listing Brokerage | Pemberton Holmes - Sooke |
Postal Code | V9Z 0G7 |
Tax Amount | $8,543 |
Tax Year | 2023 |
Features | Baseboard, Electric, Mixed, Sump Pump |
Amenities | Awning(s), Central Location, Corner Lot, Curb & Gutter, Display Window, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Level, Lighting, Marina Nearby, Recreation Nearby, Security System, Serviced, Sidewalk, Sign: Allowed, Southern Exposure, Storefront, Wheelchair Access |