
1/23256 ST JOHNS STREET, Port Moody, BC V3H2C9
$829,000 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
99%
Year Built
2007
Lot Size
0.013292011019283746 ac
An excellent opportunity to acquire a well-positioned retail strata unit in one of Port Moody's most desirable commercial corridors. Conveniently located near Moody Centre SkyTrain Station and along busy St. Johns Street, the property is situated in the heart of a rapidly growing residential and commercial community. The property is zoned CD36, providing flexibility for a range of business applications. The unit also benefits from ample street parking and one designated underground parking stall, adding convenience for both tenants and customers. Currently occupied by a long-established bakery tenant that has successfully operated at this location for over 10 years, the property provides stable rental income and an attractive cap rate of over 3%. An ideal, hassle-free investment opportunity for investors seeking dependable income and long-term value in a highly desirable location. (id:66811)
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Monthly debt service
$4K
Projected NOI
$50K
Annual cash flow
$4K
Cash-on-cash
1.72%
DSCR
1.09
Going-in cap
6.06%
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
59,175
Households
25,893
Median income
$62,000
Median age
38.7
Daytime population
62,005
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3256 ST JOHNS STREET, Port Moody.
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.