1/292502 FRASER STREET, Vancouver
2502 FRASER STREET, Vancouver, BC V5T3V4
$1.6M total
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Asset Class
Retail
Size
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Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
92%
Year Built
2021
About this property
Welcome to 2502 Fraser St, a 1,908 sq ft concrete shell strata unit fronting Fraser Street at the corner of East Broadway, offering excellent exposure in the heart of Mount Pleasant's evolving retail and residential corridor. With a Walk Score of 95 and a Bike Score of 90, the location draws consistent daytime traffic from the surrounding residential density, nearby VCC Broadway campus, and the Commercial-Broadway SkyTrain hub close by. The unit is ready for a custom buildout under flexible C2-C zoning, which permits a wide range of retail and service uses. Four dedicated underground parking stalls, a private elevator, and access to rear loading round out the offering - practical infrastructure that's often difficult to secure in an established retail node. (id:66811)
Financial sandbox
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Monthly debt service
$7K
Projected NOI
$88K
Annual cash flow
$2K
Cash-on-cash
0.53%
DSCR
1.03
Going-in cap
5.70%
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
41,888
Households
15,590
Median income
$63,000
Median age
39.8
Daytime population
68,769
5-yr growth
7.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2502 FRASER STREET, Vancouver.
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.