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Business For Sale · Hospitality

205 Bridge Street, Princeton

205 Bridge Street, Princeton, BC V0X1W0

$529,999 total

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Asset Class

Hospitality

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

92%

Year Built

1970

Lot Size

0.11 ac

About this property

Positioned in one of the most recognizable commercial locations in downtown Princeton, the infamous Leisure Inn presents an incredible investment and business opportunity in the heart of the community. Located on a prime corner lot along busy Bridge Street, this high-visibility property benefits from steady vehicle and pedestrian traffic while sitting adjacent to exciting future development within Princeton’s growing downtown core. Currently operating as a Chinese cuisine restaurant with loyal clientele, this versatile commercial property offers the opportunity to acquire the existing business and continue operations, or bring your own vision to life with endless possibilities for a diner, cafe, restaurant, lounge, or other hospitality venture (bonus includes a liquor license). With excellent exposure, a well-known local presence, and flexible commercial potential, this is a rare chance to secure a landmark location in a thriving small-town market. Whether you are an investor, entrepreneur, or restaurateur looking to expand, this downtown Princeton opportunity is packed with potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$530K
Down payment30% · $159K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$33K

Annual cash flow

$3K

Cash-on-cash

2.19%

DSCR

1.12

Going-in cap

6.20%

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

108,902

Households

37,895

Median income

$105,500

Median age

35.2

Daytime population

132,645

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 205 Bridge Street, Princeton.

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.