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Investment signal

$2,480,000

8123 MAIN STREET

Beds

Baths

Sqft

Year

1955

About this home

Prime mixed-use investment opportunity at 8123 Main Street! This versatile property features a bright and spacious two-bedroom residential suite on the upper level, perfect for owner occupancy or generating additional rental income. The main floor is currently leased to a successful beauty salon. The lower level is home to an established car wash business, complete with three large versatile rooms and a washroom'ideal for continued commercial use or future expansion. With a total of 9 parking spaces (including 3 inside), the property offers exceptional convenience for tenants, customers, and visitors alike. Whether you're an investor looking for multiple income streams or seeking a live-work opportunity in one convenient location, this turnkey mixed-use building is ready to deliver strong returns. Don't miss out'schedule your private showing today. Total rent $6,300 a month. Upstairs is $1950 /mo, Main Floor $2545 /mo, Downstairs is $1800 /mo. Close distance to Superstore and Airport. (id:65958)

Subtype
Retail
MLS#
C8077459
Area
VANCOUVER
Negative cash flow ~$4,708/mo at these assumptions

Cash on cash

-11.39%

Cap rate

3.61%

GRM

16.7

Break-even rent

$17,356

Financing

Down payment$496,000
Loan amount$1,984,000
Mortgage$12,172/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,137
Insurance$80
Maintenance$2,067
CapEx reserve$1,033
Vacancy loss$620

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $12,172/mo at 5.49% with 20% down, 25-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 16, 2026.

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