Great DT Commercial Property For Sale, Vancouver, BC

1624

Prime waterfront, downtown Vancouver commercial property. This is a high cash flow location with two units tenanted and an occupant in the third. Current cash flow is at 5%+ Cap. Rate. Located just steps to the Granville Island ferry, False Creek and the Beach Ave boardwalk. Three separate ground floor units with High ceilings available with a total of 948 sqft. Rare Opportunity to obtain a Waterfront, Cash Flow Property in Downtown Vancouver, Call for details.
Size 948 sq ft
Taxes: $8,165 in 2012

Facilities:

3 Seperate Strata preferably sold as a package Unit 102: 352 sqft Unit 103: 225 sqft Unit 104: 371 sqft Total: 948 Total sqft Taxes for 2012 Unit 102: $3,276.50 Unit 103: $2,096.34 Unit104: $2,792.40 Total: $8,165.24 Strata Fees: $413.30/ mth $4956/Yr Lease Revenue: $5046/mo $60552.00/Yr Triple Net revenue: Approx. $5800/Yr Cap Rate: 6.0 % Note: Cap Rate is noted with current tenancy in place