1/4971 HORNBY, Vancouver
971 HORNBY, Vancouver, BC V6Z1V3
$120,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
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Occupancy
92%
About this property
Bring your vision to Everest Barbershop at 971 Hornby Street in the heart of downtown Vancouver. This business asset sale presents an exciting opportunity for a barber ready to take the next step into ownership or an operator looking to expand their presence downtown. Surrounded by the energy of Vancouver's urban core, the location offers access to a diverse mix of residents, professionals and visitors. Gross rent is $6,000 per month. Business assets only; no real estate included. Contact the listing agent for further details and to arrange a private showing. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$554
Projected NOI
$9K
Annual cash flow
$2K
Cash-on-cash
6.18%
DSCR
1.33
Going-in cap
7.39%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
102,325
Households
41,591
Median income
$79,000
Median age
43.2
Daytime population
133,282
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 971 HORNBY, Vancouver.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.