For Sale · Office

1060 Eldorado Street, Trail

1060 Eldorado Street, Trail, BC V1R3V7

$3.6M total

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

93%

Lot Size

0.23 ac

About this property

Foreclosure sale opportunity in the heart of downtown Trail. 1060 Eldorado Street is a highly improved, multi-component commercial property offering approximately 9,400 SF of Class A office space, a 4,316 SF warehouse/gymnasium, and basement mini-storage on a prominent corner site at Eldorado Street and Esplanade Avenue. Extensively renovated to the shell in 2024 with an estimated $5.5M invested, upgrades include new roofing, windows, insulation, plumbing, mechanical systems, elevator, security, washrooms, office improvements and a 50 kW rooftop solar array. The two-storey office component features modern reception and work areas, private offices, meeting rooms, a commercial-grade kitchen and accessible facilities. The warehouse offers 26' ceilings, dedicated washrooms and potential overhead-door access. The basement includes 32 permitted storage units plus additional non-permitted storage area providing further value-add potential. C1A zoning uniquely permits up to 10,000 SF of warehousing/storage on the site. Rick Hansen Foundation Accessibility Certified, with elevator access to all floors and a 683 SF rooftop deck. A rare opportunity for an investor or owner-occupier seeking a substantially renovated commercial asset in downtown Trail. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.65M
Down payment30% · $1.09M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$17K

Projected NOI

$261K

Annual cash flow

$58K

Cash-on-cash

5.33%

DSCR

1.29

Going-in cap

7.14%

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

136,471

Households

49,586

Median income

$97,500

Median age

34

Daytime population

229,280

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 1060 Eldorado Street, Trail.

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.