Well-kept and managed Revenue property in Sooke! This 6-unit apartment building is the only rental apartment in the downtown core of Sooke. This building and all suites have been recently renovated. The fully occupied building features a separate coin-operated laundry, storage area, plenty of parking, and even some ocean views! Monitored security/cameras/fire alarm, keyless entry to all common areas, gas-fired hot water heat, and boiler. The roof was replaced just a few years ago with new downspouts and flashing. Large, low-maintenance property with plenty of outdoor space for tenants to enjoy. This property is also in Sooke's City Town Core area, which allows redevelopment of an FSR or 2.5 to 1, and up to 6 stories. It is conveniently located right across from the main mall in Sooke - Evergreen Centre. Gross rents are over $111k per year. This property is within walking distance of countless amenities, shopping, restaurants, and local transit.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1963
(Age: 60)
Lease Type:
Sale Price
Listing General Location:
Sk Sooke Vill Core, Sooke
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
11,817.082 sq. ft.1,097.843 m2
Taxes:
$8,264.67 /
2022
Building Features:
Bike Storage, Fire Alarm, Laundry Room, Parking, Security System, Storage Room, Transit Nearby
Construction:
Concrete, Insulation All, Stucco
Electricity:
Yes
Floor finish:
Carpet
Total Building Area:
5,958 sq. ft.553.516 m2
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Heating:
Hot Water
Fireplace:
No
Electric, Gas, Parking
Fencing: Partial, Garden, Lighting, Low Maintenance Yard, Security System
City, Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
purchaser to finance
Assessed:
1153000.0
Assessment year:
2023
Jurisdiction name:
District of Sooke
Legal Description:
Lot 3, Plan VIP16283, Section 10, Sooke Land District
Zoning:
R-1
Other Equipment:
Security System
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Lot Site Features:
Central Location, Landscaped, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Data was last updated March 23, 2023 at 06:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,595,000
Min list price:
$15,000
Max list price:
$7,250,000
Avg days on market:
112
Min days on market:
22
Max days on market:
253
These statistics are generated based on the current listing's property type
and located in
Sooke. Average values are
derived using median calculations.
