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
Listing General Location:
Sk Sooke River, Sooke
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
8,313 sq. ft.772 m2
Building Features:
Basement, Fire Alarm, Fire Sprinklers, Handicap Facilities, High Traffic Area, Parking, Security System, Storage Room, Transit Nearby, Visual Exposure
Data was last updated June 9, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,449,999
Min list price:
$78,000
Max list price:
$13,899,999
Avg days on market:
65
Min days on market:
7
Max days on market:
497
These statistics are generated based on the current listing's property type
and located in
Sooke. Average values are
derived using median calculations.