Business For Sale · Specialty

720 Harold Street, Slocan

720 Harold Street, Slocan, BC V0G2C0

$349,900 total

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

90%

Lot Size

0.15 ac

About this property

A rare opportunity in the heart of the Village of Slocan! This character-filled 1901 home offers an established mixed-use layout, combining two commercial spaces with residential accommodation, all within a walkable lakeside village setting. The main level currently operates as a gift shop and tattoo shop, offering an established commercial presence and income potential in a visible village location. These spaces are well-suited for an owner-operator looking to continue the existing businesses or bring their own vision to the property, as well as for an investor seeking flexible commercial opportunities under the property's C2 zoning. A separate bachelor suite within the historic home provides comfortable residential accommodation, ideal for an owner, staff member, or as an additional rental opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$2K

Cash-on-cash

1.45%

DSCR

1.08

Going-in cap

5.98%

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

42,360

Households

18,860

Median income

$97,500

Median age

32.3

Daytime population

46,835

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 720 Harold Street, Slocan.

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.