For Sale · Retail

3256 ST JOHNS STREET, Port Moody

3256 ST JOHNS STREET, Port Moody, BC V3H2C9

$829,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

99%

Year Built

2007

Lot Size

0.013292011019283746 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$829K
Down payment30% · $249K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 3256 ST JOHNS STREET, Port Moody.

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.