Investment signal

$389,000

A 180 Craig St

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Beds

Baths

Sqft

Year

Type

Business

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Parksville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

TOP-TIER PIZZERIA | TROPHY LOCATION | STRONG CASH FLOW This is the one. A high-margin, proven pizzeria in what is widely considered the best commercial corner in Parksville—Hirst & Craig. Ground zero for the city’s busiest attraction, the Tuesday Night Market, driving massive foot traffic and built-in demand. The business is highly profitable, operationally dialed-in, and recognized locally as one of the best pizza spots in the market. Strong repeat clientele, excellent visibility, and a location that cannot be replicated. Turnkey, scalable, and positioned for continued growth. Opportunities like this don’t come up—especially with this level of performance and exposure. Serious buyers only. NDA required for financials. Opportunities like this—prime location, strong branding, and solid financial performance—rarely come available in this market. Serious inquiries only. Full details and financials available upon execution of a confidentiality agreement. (id:65958)

Subtype
Business
Community
Parksville
Common interest
Leasehold
On market
Apr 8, 2026
Status changed
Apr 20, 2026
Zoning
Unknown
Photos
1
MLS#
1031377
Area
PARKSVILLE
Negative cash flow ~$41/mo at these assumptions

Cash on cash

-0.64%

Cap rate

4.74%

GRM

13.5

Break-even rent

$2,444

Financing

Down payment$77,800
Loan amount$311,200
Mortgage$1,577/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$178
Insurance$80
Maintenance$324
CapEx reserve$162
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,577/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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