2947 GRANVILLE STREET, Vancouver
2947 GRANVILLE STREET, Vancouver, BC V6H3J6
Price on request
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
83%
Year Built
1940
Lot Size
0.1487603305785124 ac
About this property
Exceptional Flagship retail location in South Granville. Total building area is 12,956 sf comprising 6,478sf on the main floor and 6,478sf on the lower floor. The Building is currently occupied by West Elm who operate a high end home furnishings showroom on the main floor with very efficient storage on the lower level. The mechanical systems are all updated and the Building has been well maintained. Long lease is available to qualified tenants. C-3A zoning. Easy to show. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
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
89,827
Households
33,667
Median income
$124,000
Median age
36.2
Daytime population
91,430
5-yr growth
3.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2947 GRANVILLE STREET, Vancouver.
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.