110 350 E 2ND AVENUE, Vancouver
For Sale · Office

110 350 E 2ND AVENUE, Vancouver

110 350 E 2ND AVENUE, Vancouver, BC V5T4R8

$1.3M total

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

98%

Year Built

1995

About this property

EXCELLENT EXPOSURE!! Find yourself at 'Mainspace, a Strata title - artist, live/work townhome, 16' ceilings, ground level unit. Flexible IC-3 zoning - multi use makes it a functional live/work space. 971 sq ft - Monthly strata fee is $480. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.28M
Down payment30% · $384K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$92K

Annual cash flow

$21K

Cash-on-cash

5.40%

DSCR

1.29

Going-in cap

7.16%

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

119,535

Households

49,621

Median income

$131,500

Median age

40.3

Daytime population

180,432

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 110 350 E 2ND AVENUE, Vancouver.

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.