Business For Sale · Retail

361 VICTORIA STREET, Prince George

361 VICTORIA STREET, Prince George, BC V2L2J6

$160,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

99%

Lot Size

0 ac

About this property

This is your chance to own a beautiful coffee shop located on Victoria St in Prince George. The cafe comes with your own coffee roaster, coolers, a full kitchen and everything you need to be successful. Customers have been coming to this spot for over 30 years. Lots of traffic from surrounding offices, farmers market and drive by traffic. This is an asset sale so you own everything you see in the cafe (except a few personal items). You can change the name, turn it into a bakery, pastry shop, pizza shop or just keep everything the way it is. Full package of information available with an NDA. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$160K
Down payment30% · $48K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$739

Projected NOI

$12K

Annual cash flow

$3K

Cash-on-cash

5.92%

DSCR

1.32

Going-in cap

7.32%

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

120,661

Households

46,087

Median income

$100,500

Median age

44.1

Daytime population

181,861

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 361 VICTORIA STREET, Prince George.

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.