For Sale · Specialty

3016 3 Highway Lot# 812, Creston

3016 3 Highway Lot# 812, Creston, BC V0B1G1

$4.3M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

Year Built

1972

Lot Size

22.35 ac

About this property

Rare Commercial, Agricultural & Income-Generating Opportunity in Creston! Situated on a prime, high-visibility location along Highway 3, this versatile property combines established agricultural production with multiple steady rental income streams. The land features a productive orchard complete with irrigation infrastructure connected to the East Creston Irrigation District. Exceptional revenue potential is built into the site, featuring: Commercial Outbuildings: A spacious mechanical shop, a dedicated fruit stand, and a popular rented taco stall providing immediate holding income. Residential Living & Rentals: On-site residential accommodations/rental units offering steady cash flow for investors or housing for owner-operators. Infrastructure & Storage: Ample outbuildings, sheds, and equipment storage with easy highway access and high traffic exposure. Whether you are looking to expand an agricultural operation, acquire a high-yield holding property with multiple commercial/residential tenants, or live and work in the heart of the Creston Valley, this unique turn-key property offers endless possibilities. Equipment list and rental details available upon request. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.30M
Down payment30% · $1.29M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$20K

Projected NOI

$323K

Annual cash flow

$85K

Cash-on-cash

6.57%

DSCR

1.36

Going-in cap

7.51%

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

128,337

Households

58,295

Median income

$131,500

Median age

40.4

Daytime population

194,098

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 3016 3 Highway Lot# 812, Creston.

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.