$1,280,000

6707 West Coast Rd
MLS® NO: 1054125

Description

Prime commercial investment and redevelopment opportunity in downtown Sooke! This approx. 0.54-acre property offers excellent exposure along West Coast Road. Established retail, wellness and food-service tenants generate $6,100/month ($73,200 annually) in gross rental income, with the longest-standing tenant having occupied the property for approximately 10 years. Located in Sooke's Town Centre, the property offers potential for commercial or mixed-use redevelopment under existing zoning without rezoning, subject to municipal confirmation and approvals. An attractive opportunity to generate holding income while planning future development. Conveniently located near shops, services, the waterfront and Highway 14. Buyers to verify zoning, permitted density, development potential, leases and measurements.

General

Total SqFt: 2777
Taxes: $20,435
Year Built: 1958

Lot Information

SqFt: 23358
Acres: 0.54
Parking: 6

Property Details

Building Type:
Municipality: Sooke
Sq. Feet: 23,358

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Listed with:

Joey Wang - Pemberton Holmes Ltd.
Phone: 778-922-8773

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.