For Sale · Office

208 515 W PENDER STREET, Vancouver

208 515 W PENDER STREET, Vancouver, BC V6B6H5

$135,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

96%

Year Built

1996

About this property

Unit 208 at 515 West Pender Street. The North facing unit is a rare opportunity to own commercial strata space at Conference Plaza in the heart of downtown Vancouver. This 229 sq. ft. office is ideal for professionals, small businesses or investors seeking an efficient space in one of the city's most connected locations. Just steps from Waterfront Station, SkyTrain, SeaBus, and Vancouver's financial district. Conference Plaza is a professionally managed mixed-use building offering secure access and shared washroom facilities. Unit 310 is also available for sale. ALL OFFERS SUBJECT TO THE APPROVAL OF THE SUPREME COURT OF BRITISH COLUMBIA (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$135K
Down payment30% · $41K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$623

Projected NOI

$8K

Annual cash flow

$284

Cash-on-cash

0.70%

DSCR

1.04

Going-in cap

5.75%

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

78,584

Households

31,189

Median income

$104,000

Median age

31.8

Daytime population

127,320

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 208 515 W PENDER 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.