For Sale · Retail

6011 LITTLE FORT 24 HIGHWAY, Lone Butte

6011 LITTLE FORT 24 HIGHWAY, Lone Butte, BC V0K2E2

$495,000 total

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

98%

Year Built

1975

Lot Size

1.58 ac

About this property

Situated in a high-profile location along Highway 24, this fully tenanted commercial property offers a rare blend of stable income and diversified tenant mix. Anchored by Canada Post, a trusted national tenant, the property also features a popular local coffee shop and a well-established retail store and an upholstery shop, ensuring steady foot traffic and community engagement. In addition to its commercial appeal, the property includes newly renovated residential suite offering modern finishes and strong rental demand. Additionally there is the inclusion of fenced yard space can could further maximize the site's profitability. The property is currently producing a solid 10% CAP Rate, making it an attractive turnkey investment for those seeking cash flow and long-term value. With excellent visibility and access along a busy corridor in the heart of Lone Butte, this is a standout opportunity for investors looking to secure a stable asset in a growing area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$495K
Down payment30% · $149K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$-248

Cash-on-cash

-0.17%

DSCR

0.99

Going-in cap

5.49%

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

77,824

Households

28,886

Median income

$93,000

Median age

43

Daytime population

105,225

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 6011 LITTLE FORT 24 HIGHWAY, Lone Butte.

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.