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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,800,000
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
Transit-Oriented Development Site with amazing views! Perfectly located within 200 meters of the Nanaimo Skytrain station, capitalize on the new TOD, allowing for an impressive 5.0 FAR, to develop a towering 20-storey building. This site presents an unparalleled opportunity for expansion through a 4-6 lots land assembly and 250 FT frontage, expanding the potential lot size to 30,175 SF and unlocking up to 150,875 buildable SF. Leverage the potential for significant growth and development in a transit-oriented location and make a landmark impact in the area! (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
4289 Nanaimo Street
Postal Code
V5N5H6
Location Highlights
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Listed by
eXp Realty British Columbia listing
Category
Property Information
Premise Status
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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
3,580
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
$4,800,000
Asking Price
$4,800,000
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)
3,580
Other Information
Owner willing to Finance
N/A
Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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