Business For Sale · Land

4200 4TH AVENUE, Whitehorse

4200 4TH AVENUE, Whitehorse, YT Y1A1J8

$2.1M total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

84%

Year Built

1952

Lot Size

0.14646464646464646 ac

About this property

Location, exposure and opportunity come together at one of the busiest corners in all of Whitehorse! Situated in the heart of downtown's Core Commercial zone, this property offers exceptional visibility and some of the best exposure available for a downtown location. With pre-existing, established rental income already in place, the property presents an outstanding opportunity for an owner-operator, investor or entrepreneur looking to secure a prominent commercial location. Adding even more value is the residential rental space upstairs, providing additional income to help offset mortgage costs. High traffic, strong visibility, established rents and multiple income possibilities make this a rare downtown Whitehorse opportunity worth exploring. All new concrete parking will be installed as well. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$74K

Annual cash flow

$-42K

Cash-on-cash

-6.74%

DSCR

0.63

Going-in cap

3.52%

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

69,438

Households

28,813

Median income

$111,500

Median age

31.2

Daytime population

112,963

5-yr growth

7.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4200 4TH AVENUE, Whitehorse.

NDA required
  • 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.