Wigard Building 5641 Cowrie St 9,740 SF 100% Leased Retail Building Sechelt, BC V0N 3A0 $3,355,000 CAD ($344.46 CAD/SF) 5.62% Cap Rate

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.