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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,329,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Cozy 3 Bedroom home on a commercial lot. Lots of potential here. Bring your family and your buisness and hold for future development potential. This property is one of the most versatile in Maple Ridge. House is currently tenanted and has been well maintained. Property is H2 zoning- many C3 commercial uses allowed (Retail, Light, industrial, Financial /Professional or personal services, apartment) use house for commercial or residential purpose. House is NOT heritage. Portable building on property is also for sale, stop paying commercial rent! House is tenanted. Attention Builders, Developers, Investors - possible land assembly options, neighbouring land also available for sale. Buyer is responsible to research bylaws and permits for new buisnesses. (id:39198)
Location
Province
British Columbia
City
Maple Ridge
Address
11240 206 Street
Postal Code
V2X1T2
Location Highlights
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Listed by
Royal LePage - Brookside Realty British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,183
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$1,329,000
Asking Price
$1,329,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,183
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
