For Lease · Specialty

4 104/114 Middleton Ave, Parksville

4 104/114 Middleton Ave, Parksville, BC V9P2G6

$18 per sq ft / yr

2,164 SF

Asset Class

Specialty

Size

2,164 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

85%

About this property

Prime commercial space for lease in the heart of downtown Parksville on vibrant Craig Street! This spacious 2,164 sq ft unit offers a mostly open-concept layout. Excellent visibility, surrounded by boutique shops, restaurants, banks, only a few blocks to Beach & located in the centre of the downtown summer street market . Zoned C-3 Downtown Commercial, 2 parking spaces with unit & street parking available, this versatile space is ready for your vision. A rare opportunity to establish your business in one of the city’s most sought-after locations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.73%

DSCR

0.85

Going-in cap

4.72%

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
Lakeview Physiotherapy1,185 SF2034-11
Lakeview Physiotherapy648 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

130,338

Households

59,797

Median income

$100,500

Median age

44.2

Daytime population

142,644

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 4 104/114 Middleton Ave, Parksville.

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.