For Sale · Office

1195 PACIFIC BOULEVARD, Vancouver

1195 PACIFIC BOULEVARD, Vancouver, BC V6Z2R8

$2.7M total

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

97%

Year Built

1994

About this property

An opportunity to own an approximately 1,150 sq. ft. commercial strata unit at Pacific Plaza in the heart of Yaletown. Located at 1195 Pacific Boulevard, the property offers street exposure, expansive windows and a well-appointed interior with five rooms, a kitchen and a washroom. Fine dining restaurants, cafés, shops and an established residential community are nearby, while Yaletown'Roundhouse Station is approximately a one-minute walk away. The space may appeal to banking and financial services, wellness or medical operators, boutique showrooms and specialty retailers seeking a Yaletown presence. For an owner occupier or investor, it is a chance to secure a visible Pacific Boulevard address with a versatile layout in one of Vancouver's most sought-after commercial neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.70M
Down payment30% · $810K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$196K

Annual cash flow

$46K

Cash-on-cash

5.72%

DSCR

1.31

Going-in cap

7.26%

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

121,456

Households

42,159

Median income

$85,000

Median age

44.1

Daytime population

126,108

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 1195 PACIFIC BOULEVARD, 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.