For Sale · Retail

101 & 102 1209 W 16TH STREET, North Vancouver

101 & 102 1209 W 16TH STREET, North Vancouver, BC V7P1R5

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

95%

Year Built

2015

About this property

Well-located street-level strata retail space consisting of two combined units with a total area of approximately 1,747 sq.ft., situated in a high-traffic location just off Marine Drive in North Vancouver. The space features a functional open layout, laminate flooring throughout the entire unit, and one private washroom. The property offers excellent visibility, ground-floor access, and ample shared parking. It falls under C9 zoning, making it suitable for a wide range of retail, office, or service-oriented businesses. Convenient access to major transportation routes including Highway 1, Lions Gate Bridge, and Downtown Vancouver. YouTube link https://youtu.be/rt0kEN4zYXk (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

56,603

Households

26,663

Median income

$72,000

Median age

42

Daytime population

94,348

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 101 & 102 1209 W 16TH STREET, North 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.