For Sale · Retail

254 W BROADWAY, Vancouver

254 W BROADWAY, Vancouver, BC V5Y3L1

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

100%

Year Built

2002

About this property

Available immediately 254 W Broadway. This premium store front space is approximately 690 SF of retail space. The property has a lane in the rear with designated parking. Extremely secure unit. The property is situated on the corner of Alberta St., facing West Broadway. The property boasts a high walk score, with great foot traffic and accessibility. Blocks from the new Broadway Station, enhancing transit connectivity. Surrounded by a variety of retail businesses, commercial parks, schools, and more making it a vibrant community and potential customer base. Easy to show, call the listing agent for more details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

50,495

Households

21,490

Median income

$70,000

Median age

39.1

Daytime population

72,613

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 254 W BROADWAY, 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.