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Business For Sale · Retail

1731 MANITOBA STREET, Vancouver

1731 MANITOBA STREET, Vancouver, BC V5Y1A4

$79,800 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

92%

About this property

Exceptional opportunity to acquire a cafe/bakery location in one of Vancouver's most desirable neighbourhoods. This turnkey location features premium leasehold improvements, and great street front visibility making it ideal for an owner-operator or experienced hospitality group looking to expand. Situated in a high-traffic mixed-use area surrounded by residential and commercial developments, the location benefits from consistent foot traffic and excellent visibility. Approx. Size:1,150 SF. Current Rent:$11,255.91/month (including taxes). Licences: City of Vancouver Limited Service Food Establishment business licence with seating for 16 patrons. Can also be used for other food concepts that don't need class 1 ventilation. Confidential listing'please do not approach staff or ownership directly. Contact the listing agent for further information and to arrange a private viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$80K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$368

Projected NOI

$5K

Annual cash flow

$557

Cash-on-cash

2.33%

DSCR

1.13

Going-in cap

6.24%

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

107,829

Households

37,397

Median income

$136,000

Median age

38.9

Daytime population

136,907

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 1731 MANITOBA STREET, Vancouver.

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.