For Sale · Industrial

1320 Industrial 1 Road, Invermere

1320 Industrial 1 Road, Invermere, BC V0A1K5

$1.5M total

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

94%

Year Built

1998

Lot Size

0.71 ac

Clear height

25 ft

Loading docks

8

About this property

RARE INDUSTRIAL ZONE PROPERTY FOR SALE. 0.71 Acres lot with 122' of public road frontage. Solid earnings with a long term tenant running a reputable and sucessful local business. Large reception area with 3 good size offices, a utility room and bathroom. Self-contained caretaker residence and a large shop. The yard has plenty of secured storage and parking. M1 Light industrial zoning allows many uses and a portion of the yard is currently set aside for the owners use. Don't miss this opportunity. ABSOLUTELY NO UNSCHEDULE VISITS. Please respect the tenants business and privacy. Call your REALTOR® to arrange a private viewing of this incredible INVESTMENT OPPORTUNITY! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.49M
Down payment30% · $447K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.77%

DSCR

0.90

Going-in cap

5.01%

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

80,892

Households

35,608

Median income

$122,000

Median age

34.2

Daytime population

85,380

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 1320 Industrial 1 Road, Invermere.

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.