''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. (id:47423)
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City view, Mountain view, River view, View, Valley view
Zoning Description
C1
Zoning
Unknown
Building
Constructed Date
2000
Cooling Type
Air Conditioned
Fire Protection
Fire alarm system, Sprinkler System-Fire
Heating Fuel
Electric
Heating Type
Baseboard heaters
Size (Exterior)
2515 square feet
Type
Commercial Mix
Land
Total Size
8313 square feet
Access Type
Highway access
Size of Irregular Land
8313
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