For Sale · Specialty

3192 Highway Drive, Trail

3192 Highway Drive, Trail, BC V1R4L2

$479,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

91%

Year Built

1950

Lot Size

0.55 ac

About this property

Unlock the potential of this substantial 8,000 sq. ft. commercial building situated on 0.56 acres along Highway Drive in Trail. Offering excellent visibility, convenient access and valuable C7 commercial zoning, this property presents an exciting opportunity for investors, developers and entrepreneurs. The two-story building features a structurally sound shell & foundation. With approximately 8,000 sq. ft. of space to reconfigure, the possibilities for creating a customized commercial facility are extensive, subject to zoning and municipal approvals. The generous lot provides additional flexibility for future improvements. Whether you're looking to establish a business, renovate for investment purposes or explore redevelopment possibilities, this property offers the size, location and potential to make your vision a reality. A rare opportunity to transform an existing commercial building into a valuable asset! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$479K
Down payment30% · $144K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$32K

Annual cash flow

$5K

Cash-on-cash

3.65%

DSCR

1.20

Going-in cap

6.64%

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

46,156

Households

18,857

Median income

$65,000

Median age

37.5

Daytime population

42,727

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 3192 Highway Drive, Trail.

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.