For Sale · Retail

10419 100 AVENUE, Fort St. John

10419 100 AVENUE, Fort St. John, BC V1J1Z1

$735,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

91%

Year Built

9999

Lot Size

0.32 ac

About this property

Two updated character buildings on one large lot for sale in a high traffic location. These buildings were formerly used as a bakery-Café and Catering Building and is now used as a Eastern European Restaurant. All of the ovens, mixers restaurant equipment are also included in this unique offering. The main restaurant has a full kitchen and processing area along with a display counter and a few tables for guests dining inside , as well there are also several tables on the exterior fenced patio area. The second building has more preparation tables, multiple ovens, mixers and walk-in cooler and freezer. The sky is the limit of what you could prepare here as ovens could be used for a number of uses. Seller would separate each building at $450,000 main building and $350,000 smaller commercial kitchen. Originally was separate lots that would require subdividing (id:66811)

Financial sandbox

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Estimate
Purchase price$735K
Down payment30% · $221K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$39K

Annual cash flow

$-2K

Cash-on-cash

-0.77%

DSCR

0.96

Going-in cap

5.31%

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

143,455

Households

51,599

Median income

$110,000

Median age

33.2

Daytime population

165,543

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 10419 100 AVENUE, Fort St. John.

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.