5641 Cowrie St - Retail FOR SALE


Sechelt, BC V0N 3A0
$3,355,000 CAD
5641 Cowrie St, Sechelt, BC for Sale
$3,355,000 CAD
Retail - FOR SALE
1/4
null | 5.62% Cap Rate

5641 Cowrie St
Sechelt, BC V0N 3A0


HIGHLIGHTS

  • Prime location in Sechelt’s town center with excellent visibility and foot traffic
  • Recent renovations completed in 2015/2016 reduce near-term capital needs
  • Fully leased mixed-use property with two commercial tenants and five residential units

OVERVIEW

This mixed-use investment opportunity at 5641 & 5639 Cowrie Street in Sechelt, BC offers a rare combination of stable income and long-term upside in one of the Sunshine Coast’s most desirable communities. The property features two established commercial tenants on NNN leases and five fully occupied residential units, providing a balanced and diversified revenue stream. The commercial component includes Elphi Cycles, a popular bicycle shop with an integrated coffee bar, and All for Pets, a well-known pet supply retailer. Both tenants occupy prime ground-floor spaces totaling over 4,200 square feet and benefit from strong visibility along Cowrie Street, Sechelt’s main commercial corridor. Located in the heart of Sechelt, the property enjoys excellent walkability to retail, dining, and essential services, with convenient access to Highway 101 and ferry connections to Metro Vancouver. This is an exceptional opportunity to acquire a fully stabilized, income-producing asset with strong fundamentals and value-add potential in a thriving coastal market.

FOR SALE DETAILS

PRICE

$3,355,000 CAD

PRICE/SF

$344 CAD /SF

CAP RATE

5.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wigard Building

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,569 SF

ZONING

C-4

APN/PARCEL ID

010012389

ASK ABOUT THIS PROPERTY

Mark McKinneyRoyal LePage Sussex West VancouverMore Info

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Mark McKinneyRoyal LePage Sussex West VancouverMore Info

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