Business For Sale · Retail

49228 CASTLEMAN ROAD, East Chilliwack, Chilliwack

49228 CASTLEMAN ROAD, East Chilliwack, Chilliwack, BC V2P6H4

$229,900 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

83%

Lot Size

0 ac

About this property

An Excellent opportunity to acquire an established specialty business serving the marine industry. This custom boat-cover business specializes in the design, fabrication and production of quality custom boat tops, covers and canvas products. With specialized skills and an established presence in the market, the business offers an opportunity for an owner-operator, marine industry professional or entrepreneur looking to enter a niche manufacturing sector. Services include custom boat covers, marine canvas fabrication, boat-top design and related specialty sewing and upholstery work. Business must be moved from current location upon purchase. Contact for details! * PREC - Personal Real Estate Corporation (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$230K
Down payment30% · $69K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-194

Cash-on-cash

-0.28%

DSCR

0.98

Going-in cap

5.46%

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

143,191

Households

58,599

Median income

$69,000

Median age

43.2

Daytime population

238,149

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 49228 CASTLEMAN ROAD, East Chilliwack, Chilliwack.

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.