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$215,000 total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Lot Size
0.11 ac
Located on the main floor of the well maintained Redmond building, this vacant commercial space is ready for your vision and offers the chance to design and finish the interior to suit your business or professional needs. The Redmond is a mixed use building featuring contemporary residential units on the upper levels and commercial spaces below, alongside established local businesses. The space is currently vacant and ready to be transformed. Current zoning allows for a variety of potential uses including multiple-unit dwelling, ambulance services and professional offices for doctors, dentists, chiropractors, physiotherapists and other health professionals, as well as lawyers, accountants, engineers and architects. Bring your ideas and create a space that works for you in a great Rossland location! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$993
Projected NOI
$13K
Annual cash flow
$985
Cash-on-cash
1.53%
DSCR
1.08
Going-in cap
6.00%
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
62,962
Households
29,027
Median income
$63,000
Median age
37.5
Daytime population
77,984
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1961 Georgia Street Unit# B, Rossland.
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.