Business For Sale · Retail

3020 3rd Ave, Port Alberni

3020 3rd Ave, Port Alberni, BC V9Y2A5

Price on request

3,176 SF

Asset Class

Retail

Size

3,176 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

93%

About this property

3,176 sq. ft commercial unit with display windows. Located next to and across from high foot traffic areas, this commercial space looks small from the outside but is generously spacious on the inside. Angle parking at the front. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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)

TenantAreaExpiry
Vector Robotics2,951 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

50,924

Households

19,116

Median income

$108,000

Median age

34.2

Daytime population

62,283

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 3020 3rd Ave, Port Alberni.

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.