1/2828 6TH AVENUE, Hope, Hope
828 6TH AVENUE, Hope, Hope, BC V0X1L4
$589,900 total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
99%
Lot Size
0.19 ac
About this property
Opportunity in the heart of downtown Hope! This vacant, paved and fenced lot offers a ready-to-use space for an owner-user or investor, with potential for future development. CBD (Downtown Commercial) zoning permits a broad range of uses, including retail, restaurants, commercial services, professional offices and off-street parking. Dwelling units may also be permitted as an accessory use to a principal commercial use, subject to District requirements. Approximately two hours from Vancouver, Hope sits at the meeting point of major routes connecting the Fraser Valley with BC's Interior and the rest of Canada. Explore the possibilities for your business or next project. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$905
Cash-on-cash
0.51%
DSCR
1.03
Going-in cap
5.69%
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
121,379
Households
43,037
Median income
$88,500
Median age
45.3
Daytime population
120,704
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 828 6TH AVENUE, Hope, Hope.
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.