- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 994486
- Year Built:
- 2000
- Photos (16)
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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 stories.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Year built:
- 2000 (Age: 25)
- Lease Type:
- Sale Price
- Lease Term:
- No
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Sk Sooke River, Sooke
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 8,313 sq. ft.
- Taxes:
- Signup
- Building Features:
- Basement, Fire Alarm, Fire Sprinklers, Handicap Facilities, High Traffic Area, Parking, Security System, Storage Room, Transit Nearby, Visual Exposure
- Construction:
- Cement Fibre, Frame Wood, Insulation All
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,515 sq. ft.
- Leasable Area:
- 2,515 sq. ft.
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- Air Conditioning
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Electric, Parking, Real Estate
- Equip/Machinery, Fixtures, Franchise, Good Will, Inventory, Leasehold Improvements, Supplies, Trade Name(s)
- Awning(s), Display Window, Fencing: Partial, Lighting, Security System, Sign: Allowed, Storefront, Wheelchair Access
- City, Mountain(s), Valley, River
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Utilities:
- Cable Available, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
- Lot Site Features:
- Central Location, Corner Lot, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Recreation Nearby, Serviced, Sidewalk, Southern Exposure
- Parking Features:
- On Site
- Total Parking Spaces:
- 5
- Road Frontage Type:
- Highway
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Apr 07, 2025
- Original Price:
- 1730900.0
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Listed by Pemberton Holmes - Sooke
Data was last updated May 19, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,350,000
- Min list price:
- $78,000
- Max list price:
- $13,899,999
- Avg days on market:
- 46
- Min days on market:
- 5
- Max days on market:
- 475
These statistics are generated based on the current listing's property type
and located in
Sooke. Average values are
derived using median calculations.
- MELISSA THIMOT
- COLDWELL BANKER OCEANSIDE REALTY
- 1 (250) 6862500
- Contact by Email
Coldwell Banker Oceanside Real Estate
Location
3194 Douglas Street
Victoria, BC, V8Z 3K6