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For Sale · Specialty

4457 Gertrude St, Port Alberni

4457 Gertrude St, Port Alberni, BC V9Y6J7

Price on request

2,000 SF

Asset Class

Specialty

Size

2,000 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

89%

About this property

Prime Lease Space opportunity in the heart of Port Alberni! This versatile C7-zoned building offers 1,000 sq ft of open floor plan on the main level, plus an additional 1,000 sq ft in the basement beautifully updated ready with offices, 2nd bathroom and laundry hookup. Located on high-traffic Gertrude Street just off Johnston Road, the property ensures excellent visibility and accessibility. Features include wheelchair access, electric heat pump for year-round comfort, a robust 200-amp electrical service and onsite parking. Don’t miss your chance to establish your business in one of the city's most strategic locations! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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)

TenantAreaExpiry
Prairie Coffee Roasters1,148 SF2034-08
Prairie Coffee Roasters404 SF2034-08
Prairie Coffee Roasters400 SF2034-08
Prairie Coffee Roasters400 SF2034-08

Area demographics

Trade area within 3 miles of the property.

Population

48,282

Households

21,692

Median income

$92,000

Median age

44.6

Daytime population

66,684

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 4457 Gertrude St, Port Alberni.

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.