Business For Sale · Retail

27243 FRASER HIGHWAY, Langley

27243 FRASER HIGHWAY, Langley, BC V4W3P8

$249,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

100%

About this property

Key to Success is here ! Low Rent around 2100 per month . Busiest Location in Aldergrove Downtown, Beautifully updated from top to bottom Restaurant with commercial ventilation , 2 Updated washrooms , Front Street Parking and private parking in the back ! Come up with your ideas of Cafe' or dine in Restaurant This is a blank slate . Bustling Fraser Highway with Lots of foot traffic! Seller is using as a Party Hall for small Gatherings . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$3K

Cash-on-cash

3.72%

DSCR

1.20

Going-in cap

6.66%

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

126,271

Households

54,743

Median income

$70,000

Median age

39

Daytime population

168,078

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 27243 FRASER HIGHWAY, Langley.

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.