Business For Sale · Land

535 W 3RD AVENUE, Prince Rupert

535 W 3RD AVENUE, Prince Rupert, BC V8J1L9

$285,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

94%

Lot Size

0.11 ac

About this property

Centrally located in the heart of the downtown core, this prime 50x 100' corner lot offers and outstanding development opportunity. Positioned on high traffic 3rd Ave, this site is adjacent to Coast Mountain College and just steps from major downtown retail stores, services, and local businesses. Also on Residential see MLS# R3179703. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$285K
Down payment30% · $86K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$16K

Annual cash flow

$-57

Cash-on-cash

-0.07%

DSCR

1.00

Going-in cap

5.52%

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

48,321

Households

19,705

Median income

$103,500

Median age

31.4

Daytime population

79,566

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 535 W 3RD AVENUE, Prince Rupert.

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.