







1/9Central Avenue Lot# 1, Grand Forks, BC V0H1H2
$199,000 total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
94%
Lot Size
0.25 ac
Prime commercial opportunity in one of Grand Forks’ most visible and high-traffic locations! Two lots available side-by-side. Each lot is 10,750 sq. ft. (or ¼ acre each, total of ½ an acre) of Highway Commercial (HC) exposure along Highway 3, across from Kal Tire and just a short walk to Extra Foods, McDonald’s and other established businesses. City water and sewer connections available from the back alley. Whether you’re looking to build retail, office, service commercial, or another permitted commercial use, this property offers exceptional potential in a growing commercial corridor. Looking for an even bigger opportunity? The adjacent lot is also available for purchase, giving buyers the change to secure a larger footprint at a better overall value. Invest, develop, or expand your business in a location that offers excellent visibility, easy access, and endless possibilities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$919
Projected NOI
$9K
Annual cash flow
$-2K
Cash-on-cash
-3.21%
DSCR
0.83
Going-in cap
4.58%
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.
Trade area within 3 miles of the property.
Population
86,751
Households
30,441
Median income
$110,500
Median age
35
Daytime population
108,966
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Central Avenue Lot# 1, Grand Forks.
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.