Business For Sale · Specialty

115 1760 MARINE DRIVE, West Vancouver

115 1760 MARINE DRIVE, West Vancouver, BC V7V1J4

$339,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

90%

About this property

Rare chance to acquire a flourishing, fully equipped beauty business in prestigious West Vancouver! Located in high-traffic Hollyburn Plaza on Marine Drive, this NAIL SALON benefits from excellent exposure, convenient customer parking, and strong neighbourhood foot traffic driven by surrounding residential high-rises and local retails. Designed 985 sqft layout optimizing service area and workflow, this turnkey operation comes complete with 6 PEDICURE chairs and 4 MANICURE stations ready for seamless operation from Day 1, alongside dedicated space ripe for expansion. Operating under extremely attractive lease terms with a gross rent of just approximately $5200/month (basic and additional rent included) and ample plaza parking for high-end local clientele, this represents an exceptional opportunity for an experienced operator or investor. Serious Inquiries Only! Contact now to Schedule a Viewing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$339K
Down payment30% · $102K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$383

Cash-on-cash

0.38%

DSCR

1.02

Going-in cap

5.65%

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

121,378

Households

46,500

Median income

$124,000

Median age

34

Daytime population

164,823

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 115 1760 MARINE DRIVE, West 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.