1/33711 ALFRED STREET, Smithers
3711 ALFRED STREET, Smithers, BC V0J2N0
$1.1M total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
94%
Year Built
1989
Lot Size
0.21 ac
About this property
Very successful and profitable turn-key restaurant opportunity in downtown Smithers. Freestanding split-level commercial building (built 1989), fully renovated in 2017 as a full-service restaurant and bar with commercial kitchen, scullery, prep, walk-in areas and multiple dining rooms. Street-level storefront with extensive window frontage on Alfred Avenue plus corner exposure on King Street. Approx. 5,510 sq ft net leasable on a 9,360 sq ft (0.21 ac) corner lot. Cedar-shake mansard roof over 2-ply torch-on flat roof; forced-air heat with rooftop make-up air; full municipal services and on-site asphalt parking. Zoned C-1A. Business and real estate available together. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$75K
Annual cash flow
$14K
Cash-on-cash
4.15%
DSCR
1.22
Going-in cap
6.79%
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
146,315
Households
59,165
Median income
$74,500
Median age
39.6
Daytime population
215,933
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3711 ALFRED STREET, Smithers.
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.