Business For Sale · Specialty

9236 MAIN STREET, Chilliwack Downtown, Chilliwack

9236 MAIN STREET, Chilliwack Downtown, Chilliwack, BC V2P4M7

$69,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

85%

Lot Size

0 ac

About this property

Rare opportunity to acquire a fully equipped retail business space in a prime Downtown Chilliwack location along Main Street. Positioned in a vibrant and growing area with excellent visibility, consistent vehicle and pedestrian traffic, and surrounded by ongoing residential development, this 1,080 sq.ft. commercial unit offers strong potential for a variety of retail uses. Currently operating as a Persian and Middle Eastern specialty market, the space is improved with display shelving, refrigeration, and retail fixtures already in place to help facilitate an easy transition for the next owner. Conveniently located near District 1881 and 5 Corners, this is an ideal opportunity to continue the current operation, open a convenience store with your own vision, create a specialty grocery concept, or introduce a new business idea in one of Chilliwack's most active commercial corridors. Contact for additional information. Showings by Appointment Only. DO NOT DISTURB STAFF OR OWNERS. (id:66811)

Financial sandbox

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Estimate
Purchase price$69K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$319

Projected NOI

$4K

Annual cash flow

$117

Cash-on-cash

0.57%

DSCR

1.03

Going-in cap

5.71%

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

62,797

Households

22,167

Median income

$64,500

Median age

38.7

Daytime population

75,555

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 9236 MAIN STREET, Chilliwack Downtown, 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.