1/144 2230 Cliffe Ave, Courtenay
4 2230 Cliffe Ave, Courtenay, BC V9N2L4
$49,900 total
1,199 SF
Asset Class
Retail
Size
1,199 SF
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
$42
Occupancy
87%
About this property
Discover a prime culinary canvas in a fantastic location! This business asset sale features a nearly new 12-foot commercial vent hood and a modern walk-in cooler, both under a year old. This isn't a full turnkey operation, but rather an excellent opportunity for you to bring your own restaurant or food concept to life. With a recently renovated space, ample parking, and a favorable lease in place, you're getting the key infrastructure needed to launch. Bring your vision, and let this location be your starting point for success. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$230
Projected NOI
$3K
Annual cash flow
$-251
Cash-on-cash
-1.67%
DSCR
0.91
Going-in cap
5.04%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 693 SF | 2029-07 |
| Vector Robotics | 400 SF | 2029-06 |
| Vector Robotics | 400 SF | 2029-06 |
| Vector Robotics | 400 SF | 2029-06 |
Area demographics
Trade area within 3 miles of the property.
Population
59,323
Households
26,718
Median income
$122,000
Median age
33.7
Daytime population
93,151
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4 2230 Cliffe Ave, Courtenay.
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.