For Sale · Land

401 Laurier Street, Invermere

401 Laurier Street, Invermere, BC V0A1K0

$949,000 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

99%

Lot Size

1.1 ac

About this property

Commercial property in the District of Invermere, B.C. This perfectly flat lot is zoned C2 and ready for development. Not often do we get over an acre of raw land that is ready to build on, with water & sewer at the street, and there are also wells on the property for a choice. The land can be used for many different uses, so call your Realtor today and start planing you companies future. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$949K
Down payment30% · $285K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$42K

Annual cash flow

$-10K

Cash-on-cash

-3.67%

DSCR

0.80

Going-in cap

4.44%

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

114,667

Households

41,722

Median income

$126,500

Median age

35.9

Daytime population

119,667

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 401 Laurier Street, Invermere.

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.