For Sale · Retail

462 2nd Avenue, Fernie

462 2nd Avenue, Fernie, BC V0B1M0

$2.1M 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

99%

Year Built

1953

Lot Size

0.13 ac

About this property

Located in the heart of Fernie’s vibrant downtown, the historic Quail building offers a rare commercial investment with long-term tenants, prominent downtown positioning, and mountain views. Own a piece of Fernie’s history while investing in its future. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$137K

Annual cash flow

$20K

Cash-on-cash

3.22%

DSCR

1.17

Going-in cap

6.51%

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

80,613

Households

36,554

Median income

$85,000

Median age

41.3

Daytime population

74,244

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 462 2nd Avenue, Fernie.

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.