Business For Sale · Land

820 Corcan Rd, Qualicum Beach

820 Corcan Rd, Qualicum Beach, BC V9K2E9

$3.5M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

About this property

An agricultural platform built around commercial berry production, protected and open-field growing systems, significant irrigation and water infrastructure, worker-support facilities, and a dedicated post-harvest chilling and distribution capability. This is a successful business whose value proposition extends well beyond planted acreage alone. The operation is supported by established relationships, leased land agreements, supply chains and distribution partnerships. The operation is facilitated on 4 separate but integrated sites. Do not approach the sites as activities are in process, and guided tour can be arranged upon qualification. Reach out today to get further details on this exciting opportunity. Charles Sutton *PREC @ 250-619-0701 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.50M
Down payment30% · $1.05M
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$146K

Annual cash flow

$-47K

Cash-on-cash

-4.52%

DSCR

0.76

Going-in cap

4.19%

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

116,095

Households

43,469

Median income

$136,500

Median age

39.4

Daytime population

175,329

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 820 Corcan Rd, Qualicum Beach.

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.