Business For Sale · Retail

235 E PENDER STREET, Vancouver

235 E PENDER STREET, Vancouver, BC V6A1T8

$69,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

90%

About this property

Rare Chinatown opportunity. Approx. 1,117 sqft at street level in historic Chinatown, steps from some of Vancouver's most acclaimed restaurants. Ample kitchen and production space; no commercial venting. Ideal for another ice cream or cold-prep concept or bring your own idea. Asset sale, premises currently not in retail operation. Further details to follow. Book your private showing today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$69K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$319

Projected NOI

$4K

Annual cash flow

$-106

Cash-on-cash

-0.51%

DSCR

0.97

Going-in cap

5.39%

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

118,097

Households

41,856

Median income

$72,000

Median age

41.4

Daytime population

135,690

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 235 E PENDER STREET, Vancouver.

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.