1/113553 3rd Ave, Port Alberni
3553 3rd Ave, Port Alberni, BC V9Y4E6
$895,000 per sq ft / yr
6,000 SF
Asset Class
Specialty
Size
6,000 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$149
Occupancy
84%
Lot Size
0.19513314967860423 ac
About this property
Multi family building with commercial space on ground floor. There are a total of 9 units. Seven-1 bedrooms, One-Studio and One 2 bedroom. There is approximately 3000 sq ft of ground floor commercial space also available for lease or to house your business with great visual exposure. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$41K
Annual cash flow
$-9K
Cash-on-cash
-3.26%
DSCR
0.82
Going-in cap
4.56%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 5,046 SF | 2033-03 |
Area demographics
Trade area within 3 miles of the property.
Population
50,882
Households
20,049
Median income
$112,500
Median age
35.3
Daytime population
45,873
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3553 3rd Ave, Port Alberni.
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.