
cls cls St, Victoria, BC V1V1V1
$300,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
95%
Rare opportunity to acquire a high end bakery with over a decade of successful operation and a strong reputation as a local favourite. Ideally positioned to capture both tourist and local traffic, the business is known for its premium cakes, pastries and gourmet treats. The custom built space has been exceptionally maintained and remains modern and inviting. Behind the scenes is a well planned kitchen capable of high volume production, complete with walk in coolers and freezers, commercial ovens and the infrastructure required for a busy food operation. The existing setup provides an excellent foundation for continuing the established bakery or adapting the space to a new or expanded concept. With a quality build out, established history and desirable location, this is an attractive opportunity for an operator looking for a turnkey business with significant infrastructure already in place! NDA required for location, financials and additional business information. (id:66811)
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Monthly debt service
$1K
Projected NOI
$18K
Annual cash flow
$2K
Cash-on-cash
1.85%
DSCR
1.10
Going-in cap
6.10%
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.
Trade area within 3 miles of the property.
Population
123,205
Households
46,377
Median income
$128,500
Median age
36.9
Daytime population
167,705
5-yr growth
1.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for cls cls St, Victoria.
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.