For Sale · Specialty

893 GOVERNMENT N Avenue, Greenwood

893 GOVERNMENT N Avenue, Greenwood, BC V0H1J0

$689,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Year Built

1963

Lot Size

0.83 ac

About this property

VERSATILE HIGHWAY 3 COMMERCIAL PROPERTY WITH MULTIPLE INCOME OPPORTUNITIES! An exceptional opportunity in historic Greenwood, BC, offering approximately 200 feet of highway frontage, excellent visibility, and a unique combination of commercial, residential, and outdoor space. The impressive 40' x 60' workshop features soaring ceilings, 14' overhead doors, three-phase power, generous work areas, and additional storage—ideal for automotive, fabrication, trades, or a variety of commercial uses. Four self-contained suites provide additional accommodation and potential rental income, while the spacious office and reception areas offer flexibility for business operations. Outside, the property features a substantial yard with room for vehicle and RV storage, convenient access, and inviting covered outdoor gathering areas. The combination of highway exposure, functional improvements, and diversified income potential makes this an attractive opportunity for investors, entrepreneurs, or owner-operators looking to establish or expand a business. Live, work, and invest in one location in the heart of the Boundary Country! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$689K
Down payment30% · $207K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$40K

Annual cash flow

$2K

Cash-on-cash

0.97%

DSCR

1.05

Going-in cap

5.83%

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

146,528

Households

52,784

Median income

$83,000

Median age

44

Daytime population

197,877

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 893 GOVERNMENT N Avenue, Greenwood.

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.