For Sale · Retail

2572 E HASTINGS STREET, Vancouver

2572 E HASTINGS STREET, Vancouver, BC V5K1Z3

$893,000 total

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Asset Class

Retail

Size

—

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

88%

Year Built

1948

About this property

Prime location at East Hastings and Penticton across from the new London Drugs and next to the Royal Bank. High foot traffic and excellent vehicle exposure. Smaller strata retail for new business or investor. Includes 1 parking stall. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$893K
Down payment30% · $268K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$42K

Annual cash flow

$-7K

Cash-on-cash

-2.63%

DSCR

0.86

Going-in cap

4.75%

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

42,218

Households

17,818

Median income

$121,500

Median age

36.3

Daytime population

56,172

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 2572 E HASTINGS STREET, Vancouver.

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.