1231 W BROADWAY, Vancouver
1231 W BROADWAY, Vancouver, BC V6H1G7
$2.0M total
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
93%
Year Built
1989
About this property
Prime West Broadway commercial ownership opportunity at 1231 W Broadway, in the heart of Fairview and just minutes from Downtown Vancouver. This approximately 1,298 sq.ft. ground-level strata unit offers excellent exposure, secured underground parking, and C-3A zoning supporting a variety of commercial uses. Currently configured for a professional salon/beauty operation, the space offers a turnkey opportunity for an owner-user or the flexibility to create your own business environment. A great opportunity to move from leasing to owning in one of Vancouver's established commercial corridors. Future growth adds to the appeal, with the Broadway Subway Project scheduled to open in fall 2027 and a FreshCo planned nearby at 1154 W Broadway, bringing enhanced transit connectivity and additional retail activity to the area. Own a strategically located West Broadway commercial property with strong visibility and accessibility. Business not included. Showings by appointment. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$129K
Annual cash flow
$19K
Cash-on-cash
3.18%
DSCR
1.17
Going-in cap
6.50%
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.
Area demographics
Trade area within 3 miles of the property.
Population
133,771
Households
46,624
Median income
$93,000
Median age
44.8
Daytime population
201,385
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1231 W BROADWAY, Vancouver.
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.