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$650,000 total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
99%
Year Built
1963
Lot Size
0.3443526170798898 ac
Rare 3-lot commercial assembly in Marwell -- 15,000 sq ft, 150' of frontage, tied into city water and sewer in 2013. Currently rented, with the opportunity to be vacant upon possession. Rezoned to CIM (Commercial-Industrial Mixed), opening the door to commercial, light industrial, mixed-use, and live/work redevelopment. Three separate titles allow you to build across the full site, phase it, or keep as-is. The 1,000 sq ft duplex at 106 Granite Rd. -- non-conforming, revenue/residence use -- went through a full 2000 refresh that included decks, windows, exterior doors, and foundation work. Oil heat serves the larger suite (new tank 2017); the smaller unit runs on electric, and the basement is independently metered as part of the three-meter setup. Hold as revenue while determining future plans for the lot, or clear for new construction. Prime central location -- steps to downtown, the Alaska Highway, and Marwell's expansive business corridor! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$36K
Annual cash flow
$-285
Cash-on-cash
-0.15%
DSCR
0.99
Going-in cap
5.50%
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.
Trade area within 3 miles of the property.
Population
144,977
Households
60,376
Median income
$69,500
Median age
40.3
Daytime population
226,840
5-yr growth
3.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 104-108 GRANITE ROAD, Whitehorse.
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.