6250 Sooke Rd, Sooke, BC, V9Z 0G7

$1,808,000

MLS® # 950203

Commercial For Sale In Sooke, British Columbia

$1,808,000

Property Information:

Attractive investment opportunity has a 5% cap rate with 10% increases every 5 years starting in 2025. Building was rebuilt in 2000 and has long-term tenants - Teriyaki House, a convenience store, and a sushi restaurant - that keep it busy with customers, students, and sports fans. Located 38 km west of Victoria in the scenic tourist destination of Sooke, summer revenues are boosted by the town's popularity. Over the years, Sooke has become one of the fastest growing communities in B.C., with a vibrant blend of families and international migrants. The site is situated at one of the main intersections into and out of town, with constant traffic from the nearby Edward Milne Community School and Fred Milne Sports Park. It is on a well-used walking corridor and near the entrance to the popular Sooke Potholes Provincial Park along the Sooke River. As a seaside community with forward-thinking planners, Sooke is looking to meet future residents' needs. The C1 zoning allows a 4-story building.

Inclusions: Electric,Parking,Real Estate

Exclusions : Equip/Machinery,Fixtures,Franchise,Good Will,Inventory,Leasehold Improvements,Supplies,Trade Name(s)

Property Features:

  • Annual Tax Amount: $8,542
  • Building Features: Basement, Fire Alarm, Fire Sprinklers, Handicap Facilities, High Traffic Area, Parking, Security System, Storage Room, Transit Nearby, Visual Exposure
  • Built in: 2000
  • Construction Materials: Cement Fibre, Frame Wood, Insulation All
  • Cooling: Air Conditioning
  • Exclusions: Equip/Machinery, Fixtures, Franchise, Good Will, Inventory, Leasehold Improvements, Supplies, Trade Name(s)
  • Exterior Features: Awning(s), Display Window, Fencing: Partial, Lighting, Security System, Sign: Allowed, Storefront, Wheelchair Access
  • Floor Space (approx): 2515 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Inclusions: Electric, Parking, Real Estate
  • Lot Features: Central Location, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Recreation Nearby, Serviced, Sidewalk, Southern Exposure
  • Lot Frontage: 8313 Square Feet
  • Lot Size: 8313.00 Square Feet
  • Other Equipment: Sump Pump
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Frontage Type: Highway
  • Utilities: Cable Available, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
  • View: City, Mountain(s), Valley
  • Water Source: Municipal
  • Zoning: C1
  • Sewer:
  • No. of Parking Spaces: 5

Courtesy of: Pemberton Holmes - Sooke

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.

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