1/41230 DAVIE STREET, Vancouver
1230 DAVIE STREET, Vancouver, BC V6E1N3
$178,000 total
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
90%
About this property
Opportunity to acquire a fully built out Mediterranean restaurant at 1230 Davie Street in the heart of Vancouver's West End. Currently operating as Master Donair, this approximately 600 sq. ft. restaurant benefits from strong pedestrian traffic, high density residential and excellent Davie Street exposure. The space features a fully equipped commercial kitchen, hood ventilation and fire suppression system, gas connection and prominent street frontage. Favorable basic rent of approximately $2,815/month, with the lease running to July 31, 2029 plus an additional 3 year renewal option. An excellent turnkey opportunity for an owner operator or experienced hospitality group. Well suited for donair, shawarma, Mediterranean, Middle Eastern, bowls and other quick service concepts. Please do not approach staff. Showings by appointment only. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$822
Projected NOI
$11K
Annual cash flow
$1K
Cash-on-cash
1.88%
DSCR
1.10
Going-in cap
6.10%
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
44,056
Households
15,809
Median income
$72,500
Median age
41.4
Daytime population
57,697
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1230 DAVIE STREET, Vancouver.
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.