1/36115 Highway 97, Clinton
115 Highway 97, Clinton, BC V0K1K0
$575,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
83%
Year Built
1969
Lot Size
4.72 ac
About this property
Rare 4.72-acre institutional property with P-2 zoning located along Highway 97 in Clinton, BC. The large multi-purpose building offers extensive space for offices, meeting areas, accommodation, food service, and community-focused operations. P-2 zoning permits a variety of institutional, educational, religious, recreational, health-related, and community uses, creating flexibility for organizations, non-profits, training facilities, retreat centres, service groups, and similar ventures. The property features a drilled well, septic system, ample parking, mountain views, and excellent highway exposure. A unique opportunity to acquire a sizeable property with room to support a wide range of community and organizational needs. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$32K
Annual cash flow
$28
Cash-on-cash
0.02%
DSCR
1.00
Going-in cap
5.55%
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.
Area demographics
Trade area within 3 miles of the property.
Population
89,060
Households
30,774
Median income
$116,000
Median age
35.5
Daytime population
77,224
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 115 Highway 97, Clinton.
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.