Business For Sale · Land

2012 Anderton Rd, Comox

2012 Anderton Rd, Comox, BC V9M4B1

$2.6M total

2,534 SF

Asset Class

Land

Size

2,534 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$1026

Occupancy

87%

Lot Size

38.09 ac

About this property

Live, work, and invest in this well-established and thriving nursery located in the heart of the Comox Peninsula. Offered on two separately titled ALR parcels totaling 38.48 acres, the front lot is home to both the successful business operation and a spacious 2,500+ sq ft residence. The property includes 16 greenhouses, a well-known leased therapeutic garden, multiple outbuildings including a barn and shop, and fully developed retail and operational areas for the nursery. A high-quality and abundant water supply is provided by an artesian spring and on-site pond. With the current operation utilizing only a small portion of the land, there is substantial upside and room for expansion or diversification. An exceptional opportunity to acquire an award-winning business with an established customer base, excellent infrastructure, and a true lifestyle property. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.60M
Down payment30% · $780K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$92K

Annual cash flow

$-52K

Cash-on-cash

-6.65%

DSCR

0.64

Going-in cap

3.55%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,284 SF2033-08
Blue Harbour Design921 SF2033-08

Area demographics

Trade area within 3 miles of the property.

Population

93,550

Households

36,984

Median income

$112,000

Median age

35

Daytime population

108,419

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 2012 Anderton Rd, Comox.

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.