204 8188 MANITOBA STREET, Vancouver204 8188 MANITOBA STREET, Vancouver — photo 2204 8188 MANITOBA STREET, Vancouver — photo 3204 8188 MANITOBA STREET, Vancouver — photo 4204 8188 MANITOBA STREET, Vancouver — photo 5204 8188 MANITOBA STREET, Vancouver — photo 6204 8188 MANITOBA STREET, Vancouver — photo 7204 8188 MANITOBA STREET, Vancouver — photo 8204 8188 MANITOBA STREET, Vancouver — photo 9204 8188 MANITOBA STREET, Vancouver — photo 10204 8188 MANITOBA STREET, Vancouver — photo 11204 8188 MANITOBA STREET, Vancouver — photo 12204 8188 MANITOBA STREET, Vancouver — photo 13204 8188 MANITOBA STREET, Vancouver — photo 14204 8188 MANITOBA STREET, Vancouver — photo 15204 8188 MANITOBA STREET, Vancouver — photo 16204 8188 MANITOBA STREET, Vancouver — photo 17204 8188 MANITOBA STREET, Vancouver — photo 18204 8188 MANITOBA STREET, Vancouver — photo 19204 8188 MANITOBA STREET, Vancouver — photo 20204 8188 MANITOBA STREET, Vancouver — photo 21204 8188 MANITOBA STREET, Vancouver — photo 22
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For Sale · Industrial

204 8188 MANITOBA STREET, Vancouver

204 8188 MANITOBA STREET, Vancouver, BC V5X3A2

$1.3M total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

97%

Year Built

2024

Clear height

30 ft

Loading docks

7

About this property

Opportunity to acquire a modern strata industrial unit at Marine Landing, a premier industrial development in South Vancouver at SW Marine Drive and Manitoba Street. This 2,396 sq. ft. unit features 16 ft ceiling height, 120/208V 3-phase, 200-amp power, One 8' x 10' overhead loading door, front and rear access, and 2 designated parking stalls. Building amenities include grade-level loading access, three freight elevators, shared washrooms, end-of-trip facilities, a communal lounge with kitchen, rooftop patio, fitness centre, and a bookable boardroom. I-2 zoning allows for a variety of light industrial, production, and manufacturing uses. For further information or to arrange a private tour, please contact the listing agent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.28M
Down payment30% · $384K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$82K

Annual cash flow

$11K

Cash-on-cash

2.85%

DSCR

1.15

Going-in cap

6.40%

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

137,073

Households

48,409

Median income

$92,500

Median age

42.5

Daytime population

194,346

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 204 8188 MANITOBA STREET, 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.