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$1,808,000

Business
Victoria, British Columbia

Listing Details
Property Id #: 14438-CM
Price: $1,808,000
Property Type: Business
Municipality / County: 6250 Sooke Rd, Sooke
Province: British Columbia
Water Body Name: Sooke River
Waterfront: No Unknown
Postal Code: V9Z 0G7
Listing Remarks
''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.
Residence Remarks
Property & Land Remarks
Property Legal Description: not available
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Additional Listing Remarks
How to View
How to View: Contact Listing Agent: Nancy Vieira 250-514-4750

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