Retail for Sale — Mission, BC
$4,499,000
32020 LOUGHEED HIGHWAY, Mission, BC V2V1A4
Property details
Structured details
- Annual property tax
- $41,666.61 (2025)
Listing Information
- MLS®
- C8076727
- Listed
- March 4, 2026
- Time on market
- 194 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Prime commercial opportunity in the heart of Mission. This almost 9,000 sqft building offers 3 separate storefront units, all with excellent street exposure and direct access. Currently tenanted by a furniture store, CUPE office space, and an additional retail business, the property provides strong income potential and flexibility for investors or owner-users. Unit A, the largest at approximately 6,670 sqft, features an expansive showroom, workshop areas, and dedicated office space, plus an additional 898 sqft basement for convenient storage. Positioned on the high-visibility corner of Lougheed Highway and Wren Street, surrounded by established businesses and along a major commuter route, this property also presents exciting future development potential, including mixed-use commercial with residential above or expanded commercial opportunities (subject to municipal approvals). CH2 Zoning. A strategic investment in a growing community with both immediate income and long-term redevelopment possibilities. (id:63159)
Financing calculator
Estimate your monthly payment on the $4,499,000 asking price.
Financing details
- Monthly debt service
- $43,668
- Cash required at close
- $924,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Mission)
- Population
- 41,519(+7.7% since 2016)
- Population density
- 182.9/km²
- Median household income
- $98,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 13.5%
- Postsecondary below bachelor's
- 33.8%
- High school diploma
- 34.8%
- No certificate/diploma
- 17.9%
Population aged 15 and over.
Commute
- Car, truck or van
- 93.3%
- Public transit
- 2.3%
- Walked
- 2.5%
- Bicycle
- 0.2%
- Other
- 1.6%
Commute duration
- Under 15 min
- 25.1%
- 15–29 min
- 26.1%
- 30–44 min
- 18.0%
- 45–59 min
- 12.2%
- 60+ min
- 18.5%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Sangam Sweets & Curry Express · 32034 Lougheed Highway25m
- Pizza Hut95m
- The Wee Chippie Fish & Chips · 32081 Lougheed Highway114m
- Ricky's Country Restaurant170m
- Five Forks Bar & Grill · 32281 Lougheed Highway552m
Cafes (3)
- Country Style232m
- Blenz Coffee254m
- Starbucks656m
Grocery (1)
- Real Canadian Superstore · 32136 Lougheed Highway338m
Shopping (5+)
- Mission Gate Plaza · 32081 Lougheed Highway119m
- Smartcentres Mission · 31956 Lougheed Highway194m
- Outlook Village205m
- Walmart224m
- Mission Gateway Plaza787m
Parks (3)
- Cedar Vallyer Park704m
- Cedar Valley Park · 7251 Cedar Valley Connector717m
- Dr. Humes Memorial Park737m
Gyms (1)
- Anytime Fitness · 32081 Lougheed Highway137m
Pharmacies (4)
- Walmart Pharmacy259m
- Real Canadian Superstore Pharmacy401m
- Pharmasave468m
- Unnamed791m
Banks & ATMs (1)
- Prospera Credit Union787m
Healthcare (5+)
- Walk-in Clinic at Walmart247m
- Mission Division of Family Practice · 7298 Hurd Street466m
- Mission Oaks Medical Centre · 7298 Hurd Street470m
- Unnamed488m
- Drs. R & G Siemens496m
Nearby places data: © OpenStreetMap contributors.
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All in Mission →Frequently asked questions
What is the asking price for this business?
The asking price is $4,499,000.
Where is this business located?
This listing is located in Mission, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.