ATTRACTIVE INVESTMENT OPPORTUNITY OFFERING A 5.75% CAP RATE. This commercial property is currently occupied by long-term tenants: Teriyaki House, a convenience store, and a sushi restaurant — all popular with locals, students, and sports enthusiasts. Located 38 km west of Victoria, Sooke is a thriving, rapidly growing community in British Columbia. The property sits at a key intersection in and out of town, with constant vehicle and pedestrian traffic. It’s adjacent to Edward Milne Community School and Fred Milne Sports Park. The nearby Sooke Potholes Provincial Park, located along the Sooke River, is a popular attraction. The property offers easy parking with five spots, plus public lots in front and behind. Sooke is a forward-thinking seaside community with long-term planning in place, including a future wastewater master plan. C1 zoning allows for potential redevelopment up to four storeys. (id:51532)
| Property Summary |
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| Building |
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| Land |
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| Features | |||||
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| Central location | Curb & gutter | Level lot | |||
| Southern exposure | Corner Site | Other | |||
| Marine Oriented | Air Conditioned | ||||
