Business For Sale · Land

DL 44 CASSIAR DRIVE, Port Edward

DL 44 CASSIAR DRIVE, Port Edward, BC V0V1G0

$9M total

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

82%

Year Built

9999

Lot Size

74 ac

About this property

Presenting the Cassiar Cannery, a 74 acre oceanfront property with 5 acre water lot on BC’s North Coast, 30 minutes from Prince Rupert. Located on Inverness Passage within the Skeena River Estuary, the site offers 20–30 acres of useable land, 1 km of low-bank waterfront, a 2.53-hectare foreshore lease, and a 4–5 acre wharf. Improvements include five former manager homes, four operating as guest rentals, plus a 10,000 sq ft blast freezer with high ceilings and open-span storage, ideal for repurposing. The restored General Store functions as a fully equipped event venue. Accessible by rail, road, and ocean, Cassiar is a proven tourism destination with strong brand presence, awards for unique accommodations, and potential for further development in hospitality, research, or small-scale industry. With rich cultural history and rare scale of waterfront, Cassiar Cannery offers investors a distinctive opportunity in a stunning setting. See also Residential MLS # R3167714. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$9.00M
Down payment30% · $2.70M
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$42K

Projected NOI

$380K

Annual cash flow

$-119K

Cash-on-cash

-4.41%

DSCR

0.76

Going-in cap

4.22%

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

66,279

Households

26,769

Median income

$72,500

Median age

39.4

Daytime population

89,481

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for DL 44 CASSIAR DRIVE, Port Edward.

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.