For Sale · Office

231 Trans Canada Highway Unit# 208, Salmon Arm

231 Trans Canada Highway Unit# 208, Salmon Arm, BC V1E3B8

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

83%

About this property

Professional office space available downtown Salmon Arm. 4 private offices, kitchen, and reception / waiting area. Nice natural light. Parkade parking, elevator access, and common restrooms. Possession date flexible. Can be renovated to suit tenant needs negotiable. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

71,853

Households

30,769

Median income

$98,500

Median age

31.6

Daytime population

61,394

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 231 Trans Canada Highway Unit# 208, Salmon Arm.

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.