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This prime location currently houses successful turn-key family business centrally located in 100 Mile House, in the heart of the Interior. Exeter Sporting Goods serves multiple lines, caters to both the outdoor and indo
Rare Commercial Building & Business Opportunity in Downtown Summerland. A unique chance to own a prime commercial building & a thriving, well-established business in the heart of Summerland. Ideally located on Main St, t
There’s a beautiful business opportunity available here in our lovely small town. This space has been a thriving and highly-rated florist for a long time, adding so much joy to our community. It’s the only brick-and-
Prime Retail Opportunity in North Vancouver! Seize this high-traffic retail space in a highly visible North Vancouver location. Positioned in a bustling commercial area, this 1,500 SF space offers expansive window displa
Core location on the corner of Abbott and Keefer St providing maximum exposure and steps from Chinatown skytrain station, TNT supermarket, and all the downtown amenities. This strata property is currently run by a hair s
Frontage on Hwy #9 as well as Cheam and Pioneer Avenues in Agassiz. Over 3,000 sq ft of retail space plus over 1,800 sq ft of living quarters upstairs. Potential to build the largest pizza and gelato ice shop. (id:39198)
Turnkey Specialty Retail Space in Prime South Surrey Location! Unlock the potential of this ready-to-go retail space, perfectly suited for a specialty food store or any retail venture you envision. Currently thriving as
Looking to own a thriving florist business in a prime location? Canada Florist is now available for purchase! This well-established shop has a loyal customer base, offering high-quality floral arrangements for events and
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
High Quality new building, fully leased, high quality tenants, perfect for long term investment. Seller took much pride in construction of this building. High traffic flow. (id:39198)
Location !!! It is a successful business running with great Location. Renowned Franchise Convenience Store with high profit margins. High Exposure to busy strip Mall near Skytrain Station. Busy traffic & lots of walking
Discover Ember Kitchen, a gorgeous waterfront restaurant and commercial property for sale by the original owner. Featuring two beautiful patios'one fully enclosed for year-round use' and a chef's dream kitchen with a see
Prime Commercial Property for Sale - 22352 Lougheed Hwy, Maple Ridge Strategically located in the heart of Maple Ridge, this versatile commercial property offers exceptional exposure on the bustling Lougheed Highway. Wit
Location Location, this office is at PRESIDENT PLAZA, in the heart of Richmond, this 661 sq ft office is a first class commercial office with a shopping center and Media center and Media center underneath, lots of custom
Thriving convenience store in a prime location with roughly $30,000 in monthly income. Steady foot traffic and loyal customer base. This well-established business features a diverse inventory, including snacks, beverages
Excellent investment for your own use or rent out! President Plaza at Cambie & No 3 Rd directly across from Aberdeen Square & Canada Line station. Ground floor unit with mall & exterior exit doors. 823 sq' total (from st
Empire Centre - Heart of Richmond. Very functional floorplan and very close to food court. Can be used for a variety of business. Very good location in the mall and lots of traffic during the day! High exposure!!! (id:39
Convenience store in highly sought after area in Fleetwood with no competition within vicinity. Store has its presence in the market for 10 years. Steady income with great business opportunity to take this store to next
773 sqft prime retail unit in the city core of Richmond, connected to Marriot Hotel and Hilton Hotel with an excellent exposure on Minuro Blvd. Perfect for all kinds of retail and professional office use. Strata fee $334
Profitable Grocery Store for Sale ' Prime Location! This is your golden opportunity to step into a successful business! Everything is set up and running smoothly, all the hard work has been done, and now we're ready for
Get ready for an exciting opportunity in the heart of Richmond's famous food Street Alexandra Road . We have parking-level retail units that are perfect for your business. Unit 2130 has been combined with units 2135 , (
Delicatessen space that has just been fully renovated, new electrical wiring, plumbing and painting. Additional equipment has been purchased, location is ready for a new tenant. We are selling the location, business name
Babes on Fourth is a well-established children's clothing boutique located in the vibrant neighbourhood of Kitsilano! With over 20 years in business, it has built a loyal customer base and an excellent reputation. Locate
An exceptional and well-established successful retail establishment for over 10,000 sq-foot building is in excellent shape and boasts a variety of displays and lighting fixtures that can accommodate for a variety of cons
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British Columbia's diverse economy and expanding population create a great chance for your business or portfolio by investing in retail property. The retail market in BC provides a range of options, whether you seek a storefront in a busy city center or a larger commercial space in a growing area.
When exploring investment options, retail real estate in British Columbia (BC) is a noteworthy asset that can provide consistent returns. This commercial property is often considered a valuable addition to investment portfolios because of its potential for rental income and increase in value over time.
Diversity: Retail properties can diversify your investment portfolio, mitigating risks associated with other types of investments.
Steady Income: Rental agreements typically locked in for extended periods provide a consistent stream of income.
Inflation Hedge: Retail assets often include rent escalations that can help guard against inflation.
Capital Growth: Over time, well-positioned retail properties usually appreciate in value.
Leverage: You can leverage retail investments by obtaining a mortgage, using a smaller initial capital outlay to control a more valuable asset.
Location: High-traffic areas tend to bolster retail success.
Tenant Mix: A diverse group of tenants can attract a steady flow of consumers.
Lease Structures: Long-term leases can offer stability.
It's worth keeping in mind that the dynamics of commercial property markets can fluctuate. However, by doing your due diligence and understanding the market, you can increase your chances of success. For instance, being aware of the trends in the BC market can guide you in making more informed decisions.
When searching for retail properties for sale in BC, FindBusinesses4Sale.com offers a wide selection to help you secure your ideal commercial space. Remember, the right retail investment can play a significant role in building your financial wealth.
It is important to understand the current market and emerging trends when looking at retail properties for sale in BC. British Columbia provides various opportunities, whether you want to invest in the busy areas of Vancouver or other parts of the province.
When exploring investment options, retail real estate in British Columbia (BC) is a noteworthy asset that can provide consistent returns. This commercial property is often considered a valuable addition to investment portfolios because of its potential for rental income and increase in value over time.British Columbia's diverse economy and expanding population create a great chance for your business or portfolio by investing in retail property. The retail market in BC provides a range of options, whether you seek a storefront in a busy city center or a larger commercial space in a growing area.
Market trends in BC reflect changes in retail due to both technological advances and shifts in consumer expectations:
E-commerce Impact: With the rise of online shopping, there's been a transformation in the physical retail space requirements.
Local Tourism: Areas that enjoy tourism may see a higher demand for retail spaces, as businesses cater to visitors.
By keeping an eye on these market trends, you can make more informed decisions about investing in retail properties in BC.
The location of retail properties for sale in British Columbia (BC) plays a crucial role in determining their future success. It's important to consider factors such as foot traffic, local demographics, and proximity to other businesses when making a decision.
The downtown area of the Victoria region is bustling with activity, attracting both tourists and residents. This creates a steady stream of potential customers. In Kelowna, the Power Centre is a popular destination for shoppers because of its convenient location and wide range of stores. Surrey and Burnaby are also great options for retail businesses because of their large population and thriving economy.
Kitsilano on West 4th Avenue is well-known for its boutique shops and is a popular destination for locals and tourists who are interested in niche markets. The Langley Bypass is an ideal location for businesses seeking high visibility and easy access due to the busy traffic and variety of commercial establishments along this route.
Retail properties in up-and-coming areas are worth considering for good deals and potential growth. Surrey's mixed-use spaces are attracting retailers, while Burnaby's shift to a commercial and residential center could benefit early investors. Langley's growth, driven by population increase and commercial projects, may provide a promising investment opportunity.
Keep up-to-date with the latest trends and forecasts in order to make a smart choice when buying a retail property on FindBusinesses4Sale.com. Use these tips to not only locate a property, but also to strategically place yourself in BC's varied market.
Knowing how to evaluate properties effectively is crucial when entering the retail market in British Columbia. It will greatly improve your investment decisions. Here are the key factors you should consider:
Begin by checking the listing price on MLS® and comparing it to similar sales in the neighbourhood. Examine retail properties that are alike in size, location, and tenant demographics. Study past trends and the current market situation. Getting an accurate value is crucial for your investment and future profits.
It's important to know how the lease works. Check the tenants and how long they'll stay. Having good tenants for a long time raises the property's worth and ensures steady income. Look at the lease terms for any clauses that might change future earnings.
Think about the delivery status of the property you want. Pre-leased properties can provide income right away, while properties under construction may cost less at first but have risks. Retail properties that are ready to use may cost more but save time on construction, so you can start operating right away.
It is crucial to have a clear understanding of the legal paperwork and financial consequences associated with purchasing retail properties in BC. This knowledge will enable you to make well-informed choices regarding the price and potential rental income.
Retail Property Requirements: You'll need to get acquainted with specific legal documents before committing to a purchase. In British Columbia, retail properties must adhere to certain policies, such as being valued using a capitalized net operating income (NOI) approach, except under specified conditions by the law.
Zoning Laws: Another vital thing to consider is local zoning laws, which dictate the use of your property. Before buying, ensure the property is zoned for retail use, as the zoning can significantly influence the kind of operations you can conduct on the premises.
Title and Ownership: The Land Title Act is crucial, as it governs the land title system in BC, including the transfer of property ownership and mortgage registrations. Understanding this act is essential, as it assures the title to your prospective property is clear and transactable.
Price Determination: Assessing a property's price requires careful analysis of its potential to generate income—capitalizing on the net operating income is a common approach. Moreover, you'll want to consider the property's location, condition, and market trends to ensure your asking price aligns with market values.
Investment Returns: Calculating possible investment returns is instrumental in the decision-making process. You should look at the historical performance of similar properties in the area, evaluate the current market conditions, and project the property's potential for increasing in value over time.
Rent Potential: Understanding the property's rent potential is key for projecting your revenue stream. Analyze current market rental rates for similar retail spaces and consider factors like foot traffic, visibility, and the local economy's strength, which will inform potential rental income.
Approaching the purchase of a retail property in BC from a legal and financial perspective provides the foundation to secure an investment that meets your objectives. Remember to engage with reputable professionals who can guide you through each step, ensuring your venture into BC's retail property market is as smooth and profitable as possible.
A real estate agent's knowledge is crucial when searching for retail properties for sale in BC. They help with everything from understanding your requirements to managing difficult negotiations.
It is extremely important to make the correct decision when choosing a real estate agent for finding the perfect retail space. Seek out agents who specialize in commercial properties and have a strong knowledge of the BC market. They should have a proven history of successful transactions and a portfolio that showcases current listings similar to what you are looking for. Listing agents often have exclusive information about properties before they are officially available, giving you a competitive advantage.
Relevant Experience: Ensure the agent has specific experience in retail properties.
Local Insight: Verify that they are knowledgeable about the BC area and its market dynamics.
A real estate agent will assist you in every stage of purchasing a commercial property, beginning with understanding your needs and finalizing the agreement. They will handle the complicated paperwork, assist with research, and negotiate terms that safeguard your interests. Their responsibility is to ensure transparent and straightforward communication, enabling you to make well-informed choices.
Market Analysis: Your agent will analyse market trends ensuring you pay a fair price.
Negotiations: They will negotiate on your behalf, aiming to get the best terms possible.
Agents are there to help you find a property in BC. They coordinate viewings and provide updates and advice. Make sure to contact listing agents when you find a property you like. Having a good agent can make the process smooth and successful.
When financing retail properties for sale in BC, think beyond traditional bank loans. Alternative lenders often provide greater flexibility in terms and approval speeds, while lease-to-own arrangements offer a unique path to ownership.
Seek out banks with experience in commercial real estate lending. They'll understand the unique needs of retail properties and can guide you through the financing process.
In seller financing, the seller acts as the lender. Explore if this option could provide more favourable terms or quicker closing compared to traditional financing.
Tap into the power of online platforms like Find Businesses 4 Sale that connect you with investors. This modern financing method can be ideal for innovative retail concepts that resonate with a broader audience.
The upcoming successful BC retail properties will not only serve as product-selling locations. They will be centers of innovation, combining online and offline experiences seamlessly. These properties will focus on building communities, integrating mixed-use spaces, and prioritizing sustainability.
The Rise of E-Commerce and Its Impact: While e-commerce continues to grow, successful BC retailers will focus on blending the convenience of online shopping with in-store experiences that cannot be replicated digitally. Think hands-on product demonstrations, personalized services, and spaces that foster a sense of community.
The Importance of Experiential Retail: The modern BC retail property is evolving into a destination rather than simply a point of sale. Expect a focus on interactive displays, unique events, in-store cafes or collaborations with local businesses to create a dynamic and engaging customer experience.
The Shift Towards Mixed-Use Developments: Retail spaces integrated within larger mixed-use developments are poised for success. These developments combine residential, office, entertainment, and other amenities, creating a self-contained ecosystem that drives foot traffic and fosters loyalty.
The Focus on Sustainability: Energy-efficient design, sustainable materials, and a commitment to reducing environmental impact will be increasingly prioritized by investors and consumers. BC retail properties demonstrating these values will hold a competitive edge.
When looking for retail properties for sale in BC, consider the location's foot traffic, proximity to other businesses, and accessibility. Also, evaluate the property's size, condition, and potential for expansion. Lastly, assess the local market conditions, including consumer purchasing power and competition.
Yes, we can offer assistance with reliable financial institutions and experienced advisers to guide you through your financing process.
Zoning regulations are critical. They dictate what types of businesses can operate in a specific area, ensuring your intended use is permitted before investing in a property.
Certain programs may exist, offering tax breaks or assistance with renovations (especially those promoting sustainability). Consult with a tax specialist or business development advisor to learn about potential benefits.
Key trends include the integration of e-commerce within physical stores, the desire for unique experiences, and the rising importance of mixed-use developments and sustainability within retail spaces. Looking beyond retail real estate? We offer a range of investment and rental options in British Columbia, including industrial properties for sale BC, industrial properties for rent BC, commercial properties for sale in BC, commercial properties for rent in BC, and resorts for sale in BC. Our team can also connect you with commercial realtors and business consultants.
https://storeys.com/bc-commercial-real-estate-investment-avison-young-midyear-report-2022/
https://info.bcassessment.ca/services-and-products/APPs/Retail-Properties-Policy.pdf
https://www.lexpert.ca/legal-faq/an-overview-of-the-bc-property-law-act/380760
Discovering the best deals on Retail Properties in BC requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Retail Property at BIRCH , Commercial Plaza at Main and Retail Property at BIRCH ,
The average price of Retail Properties in BC is influenced by various factors. On average, prices range from $1,420,567. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Retail Properties in BC on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Retail Property at BIRCH , Commercial Plaza at Main and Retail Property at BIRCH , .
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