Business For Sale · Retail

757 E BROADWAY, Vancouver

757 E BROADWAY, Vancouver, BC V5T1X8

$188,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

84%

About this property

TURNKEY BUSINESS OPPORTUNITY IN DESIRABLE EAST VANCOUVER! Currently operating as a halal grocery and butcher shop, this business features a fully equipped commercial kitchen within the deli and attractive all-in rent of $5,729.31 per month. The commercial kitchen is currently rented to a food truck operator for $1,500 per month, while U-Haul rentals bring in approximately $1,000'$1,500 per month. Continue operating as a grocery store or butcher shop, or explore a new concept such as a convenience store, salon, barbershop, or vape shop, subject to landlord approval and applicable zoning, licensing, and permit requirements. Contact me for more information and to arrange a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$188K
Down payment30% · $56K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$868

Projected NOI

$10K

Annual cash flow

$-17

Cash-on-cash

-0.03%

DSCR

1.00

Going-in cap

5.53%

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

98,461

Households

43,186

Median income

$78,000

Median age

40.5

Daytime population

150,276

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 757 E BROADWAY, Vancouver.

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.