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$689,000 total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
93%
Year Built
1963
Lot Size
0.83 ac
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 893 GOVERNMENT N Avenue, Greenwood.
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.