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COM 1 2197 Otter Point Rd
Sk Otter Point Sooke V9Z 0P7

$22 /sqft
Commercial Lease

Main Photo: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 1: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 2: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 3: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 4: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 5: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 6: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 7: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 8: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 9: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 10: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 11: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 12: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 13: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 14: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 15: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 16: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Photo 17: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
968400
Only 2 out of the 8 commercial units are still available, with a preference for food service or coffee establishments. The landlord is offering a discounted rate to support tenants in establishing their presence in this rapidly growing area. These units boast excellent visibility on Otter Point Road, featuring an appealing exterior finish. Positioned conveniently close to Sooke Village's shops and restaurants, Unit 1 is equipped with a natural gas connection and ventilation shaft, making it ideal for a coffee shop or small restaurant. Additionally, the zoning permits a range of uses including retail, medical clinics, financial institutions, or office spaces. Current tenants in the 6 leased units include Anytime Fitness, a spa, and a karate school. The initial base rent is $22 per square foot, with estimated common and operating costs ranging from $8 to $11. This newly constructed unit is available for immediate occupancy.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Lease Type:
Absolute Net
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Sk Otter Point, Sooke
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Features:
High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Frame Wood
New Construction:
Yes
Foundation:
Concrete Perimeter
Ceiling Heights:
Total Building Area:
1,923 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Awning(s), Balcony/Patio, Display Window, Garden, Lighting
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Sooke
Legal Description:
Zoning:
C1 - Neighbourhood Commer
Units in Building:
Units in Community:
Property Condition:
Under Construction
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 24, 2024
Original Price:
22.0
  • Photo 1: COM 1 2197 Otter Point Rd in Sooke: Sk Otter Point Retail for lease : MLS®# 968400
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated December 27, 2024 at 10:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.