Business For Sale · Industrial

1359 MAIN STREET, North Vancouver

1359 MAIN STREET, North Vancouver, BC V7J1C5

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

83%

Year Built

1967

Clear height

20 ft

Loading docks

6

About this property

Opportunity to lease 4,452 SF commercial space in the heart of Lower Lonsdale. The 4,452 SF main floor is primarily open retail space, with a wide storefront entrance and an approximately 14'10 ceiling height. A change room and washroom support customer use, while two work areas at the rear provide space for inventory, preparation, or other store operations. A separate rear entrance adds convenient access for staff and deliveries. The space is ideally positioned along Main Street with excellent visibility and convenient access to the SeaBus, Highway 1, and Downtown Vancouver. Surrounded by established businesses and amenities, this is an outstanding opportunity in one of North Vancouver's most sought-after commercial 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
Occupancy83%
Expense growth2.5%

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

91,614

Households

40,280

Median income

$132,500

Median age

40.8

Daytime population

111,632

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 1359 MAIN STREET, North 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.